One factor contributing to the decline in cost advantages that banks once had is the
A) decline in the importance of checkable deposits from over 60 percent of banks' liabilities to 2 percent today.
B) decline in the importance of savings deposits from over 60 percent of banks' liabilities to under 15 percent today.
C) decline in the importance of checkable deposits from over 40 percent of banks' liabilities to 15 percent today.
D) decline in the importance of savings deposits from over 40 percent of banks' liabilities to under 20 percent today.
A
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A factor determining the supply of U.S. dollars in the foreign exchange market is the
A) expected future exchange rate. B) expected future interest rate in the United States. C) U.S. supply of exports. D) expected future interest rate in foreign countries.
The Great Recession occurred in
A. 1970-74 B. 1985-87 C. 1992-94 D. 2007-09