Banks are different from other financial intermediaries because
A) banks receive funds and make loans.
B) some of a bank's deposits are money.
C) banks can conduct open market operations on their own.
D) banks do not need to hold reserves against their deposits.
E) banks are open longer hours.
B
You might also like to view...
Other things the same, higher population growth
a. raises the amount of physical capital per worker and there is some evidence that it raises the pace of technological progress. b. raises the amount of physical capital per worker, but there is some evidence that it reduces the pace of technological progress. c. reduces the amount of physical capital per worker, but there is some evidence that it raises the pace of technological progress. d. reduces the amount of physical capital per worker and there is some evidence that it reduces the pace of technological progress.
Refer to the data. The total variable cost of producing 5 units is:
A. $61.
B. $48.
C. $37.
D. $24.