Which of the following would appear on the asset side of a commercial bank balance sheet?
a. Loans.
b. Checkable deposits.
c. Savings deposits.
d. Net worth.
a
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The greater the economic freedom in a country, the higher is the index of human development
a. True b. False Indicate whether the statement is true or false
Provisions that allow the contract price of a commodity to change with changes in its market price are referred to as:
a. omnibus clauses. b. escape clauses. c. adjustment clauses. d. exclusion clauses.
The situation that exists because our unlimited wants exceed our limited resources is called ______.
a. a correlation b. an input c. a shortage d. scarcity
Society will produce ________ if price and marginal cost are equated for all firms.
A. the minimum output B. the efficient mix of output C. no output D. the maximum output