Which of the following is not a bank asset?
A. Mortgage loans
B. Reserves
C. Securities
D. Non-transaction deposits
Answer: D
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Which of the following is always a violation of the antitrust law?
A) price fixing among competitors B) resale price maintenance C) tying arrangements D) predatory pricing
Banks have responded to new regulations resulting from the Dodd-Frank Act in all of the following ways EXCEPT:
A) raising minimum balances on free checking accounts B) closing branches in low-income neighborhoods C) raising overdraft fees D) increased marketing of securities and financial advice to high-income customers
Suppose Larry's Lariats produced 25,000 lassos and sold each for $10. What was the total revenue for the company?
A. $250,000 B. $25,000 C. $2,500 D. $2,500,000
The hypothesis of political business cycles is based on the assumption that a vertical Phillips curve always holds
a. True b. False Indicate whether the statement is true or false