The cash that a bank keeps in its vault is called its:
A. savings.
B. loans.
C. deposits.
D. reserves.
Answer: D
Economics
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Indicate whether the statement is true or false
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The benevolent social planner engages in
A) positive economic analysis. B) normative economic analysis. C) both positive and normative economic analysis. D) neither positive nor normative economic analysis.
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The three largest Federal Reserve banks (New York, Chicago, and San Francisco) combined hold more than ________ percent of the assets of the Federal Reserve System
A) 25 B) 33 C) 50 D) 67
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A carbon tax is an example of:
A. a Coase theorem solution. B. a Pigovian tax. C. a market failure. D. a Coase tax.
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