Because banks are act as dealers in financial instruments such as bonds, foreign currency and derivatives, they are exposed to
A) credit risk.
B) liquidity risk.
C) trading risk.
D) interest risk.
C
Economics
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Which of the following is best characterized as a public good?
A) a public library B) a church C) primary education D) police protection
Economics
Why is the advent of monopoly likely to shift cost curves?
What will be an ideal response?
Economics
The largest component of national income is:
A. compensation of employees. B. rents. C. interest. D. corporate profits.
Economics
If all the return to a resource is economic rent, we know that
A. the price of the resource is below its opportunity cost. B. the price of the resource is above its opportunity cost. C. the resource has a price of zero. D. the price of the resource equals its opportunity cost.
Economics