Banks will keep excess reserves when:

a. they do not foresee profitable opportunities to make loans
b. business conditions generally are depressed
c. they do not foresee opportunities to make secure loans
d. All of the above are correct.


d

Economics

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Of all barriers to entry, the most important are those that are due to

A) economies of scale. B) government-imposed barriers. C) the Herfindahl-Hirschman Index. D) ownership of a key input.

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Human capital is knowledge in

A) books. B) people. C) firms. D) government.

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Food stamps _____

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