Bank capital is equal to ________ minus ________
A) total assets; total liabilities
B) total liabilities; total assets
C) total assets; total reserves
D) total liabilities; total borrowings
A
Economics
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The purpose of an effluent fee imposed on a firm is
A) to increase output of its product by increasing the resources allocated to production. B) to increase output of its product by reducing the resources allocated to production. C) to reduce output by increasing production costs thereby reducing resources used. D) none of the above
Economics
Why is a point below the production possibilities curve less efficient than a point on that curve?
What will be an ideal response?
Economics