If you have a checking account at a local bank, your bank account there is
a. an asset to the bank and an asset to you.
b. a liability of the bank and a liability of yours.
c. a liability of the bank and an asset to you.
d. an asset to the bank and a liability of yours.
C
Economics
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Which of the following are likely to be studied in a microeconomics course?
a. choices made by individual consumers b. the causes of inflation c. how the economy's total output is measured d. how an increase in government spending affects the level of unemployment
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The Federal Reserve Open Market Committee allows representatives of the President and Congress to sit on its meetings
a. True b. False
Economics