Which of the following is true of bank reserves held at the Fed?

A) These reserves are a liability to the bank and an asset to the Fed.
B) These reserves are a liability to both the bank and the Fed.
C) These reserves are an asset to the bank and a liability to the Fed.
D) These reserves are an asset to both the bank and the Fed.

C

Economics

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One cost of a perfectly anticipated inflation is that it

A) transfers wealth from lenders to borrowers. B) transfers wealth from borrowers to lenders. C) increases menu costs. D) damages the role of prices as signals in the economy.

Economics

A(n) ____ can be used to demonstrate why a competitive oligopoly tends to result in a low-price strategy that does not maximize mutual profits.

A. interdependence index B. gini coefficient C. herfindahl index D. payoff matrix

Economics