Governments should promote education because education contributes to the nation's
A) free markets.
B) international trade.
C) economic growth potential.
D) employment.
E) protection of property rights.
C
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Suppose a bank has total assets of $3,000,000,000, of which $1,000,000,000 are cash assets and government securities with a "risk weight" of 0% and $2,000,000,000 are loans with a risk weight of 50%
The bank has total deposits and other liabilities of $2,800,000,000. The bank's risk-based capital ratio is A) 6.7%. B) 20.0%. C) 33.3%. D) 50%.
A tax system in which the tax rate on everyone's first $10,000 of income is 10 percent, the tax rate on everyone's second $10,000 of income is 15 percent, and the tax rate on all income over $20,000 is 25 percent is a(n):
a. proportional tax. b. equitable tax. c. head tax. d. unit tax. e. progressive tax.