The main differences between the bank and the nonbank institutions include all of the following EXCEPT
A) banks are regulated by the Fed while nonbank institutions are not.
B) banks obtain the funds to buy investment by attracting deposits while nonbank institutions borrow funds.
C) banks hold more equity then nonbank institutions.
D) banks' balance sheets include assets and liabilities while nonbank institutions' balance sheets include only liabilities.
D
You might also like to view...
At which point in Figure 9-7 would a perfectly competitive firm earn the same profit, or suffer the same loss, by producing rather than by shutting down?
a.
A
b.
B
c.
C
d.
D
e.
F
In countries like _____________ the command economy predominates.
A. China and Vietnam B. Cuba and North Korea C. South Africa and Kenya D. Germany and France
What are the social and economic implications of unemployment? Explain
What will be an ideal response?
A market structure characterized by a small number of interdependent sellers is called a(n)
A. monopsony. B. oligopoly. C. monopoly. D. monopolistic competition.