A disadvantage of virtual banks (clicks) is that
A) their hours are more limited than physical banks.
B) they are less convenient than physical banks.
C) they are more costly to operate than physical banks.
D) customers worry about the security of on-line transactions.
D
Economics
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When the Federal Reserve extends a discount loan to a bank, the monetary base ________ and reserves ________
A) remains unchanged; decrease B) remains unchanged; increase C) increases; increase D) increases; remain unchanged
Economics
If the money supply grew by 6 percent and velocity fell by 2 percent, nominal GDP would: a. fall by 4 percent
b. rise by 4 percent. c. rise by 8 percent. d. rise by 12 percent.
Economics