Assets of the commercial banking system include:

A. deposits.
B. reserves and loans.
C. loans and deposits.
D. reserves and deposits.


Answer: B

Economics

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The money supply schedule is

A) horizontal because is set by the central bank while P is taken as given. B) horizontal because is set by the central bank. C) vertical because is set by the households and firms while P is taken as given. D) vertical because and P are set by the central bank. E) vertical because is set by the central bank while P is taken as given.

Economics

Suppose a bond has a coupon of $40, face value of $1000, and current price of $950. What is the coupon rate? What is its current yield? Report a percentage with two decimal places

What will be an ideal response?

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A market situation where a small number of sellers dominate the entire industry is called:

A. monopolistic competition. B. monopsony. C. monopoly. D. oligopoly.

Economics