A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as a new store. On their respective balance sheets, this loan is
a. an asset for the bank and a liability for Kellie's Print Shop. The loan increases the money supply.
b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.
c. a liability for the bank and an asset for Kellie's Print Shop. The loan increases the money supply.
d. a liability for the bank and an asset for Kellie's Print Shop. The loan does not increase the money supply.
a
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Which of the following will result in a firm increasing its level of production?
a. An increase in its Marginal Costs. b. A decrease in its Marginal Revenue. c. An increase in its Fixed Costs. d. An increase in the price of its product.
According to the Keynesian macroeconomic model, consumption is a function of which three variables?
Select one: a. a) Autonomous consumption, intended investment, and the marginal propensity to consume b. b) Autonomous consumption, the marginal propensity to consume, and income c. c) Autonomous consumption, actual investment, and the marginal propensity to consume d. d) The marginal propensity to consume, income, and intended investment
Refer to the accompanying table below. The average benefit of 2 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225
A. $80 B. $40 C. $60 D. $20
Which of the duopoly models has the lowest overall combined profit level?
A. The Bertrand model B. The shared monopoly model C. The Cournot model D. The Stackelberg Leader-Follower model