Which of the following is true?
A) A bank is solvent when its deposits become positive.
B) A bank is insolvent when its reserves become negative.
C) A bank is solvent when its excess reserves become negative.
D) A bank is insolvent when its net worth becomes negative.
Ans: D) A bank is insolvent when its net worth becomes negative.
Economics
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If the prices of all goods increase by the same proportion as income, the quantity demanded of good x will:
a. decrease. b. increase. c. remain unchanged. d. change in a way that cannot be determined from the information given.
Economics
In the short run, which of the following is likely to be a variable cost to a physician?
a. office space b. computers c. liability insurance d. insurance forms e. examining table
Economics