Which of the following is the term used to describe a failing bank selling off a substantial amount of assets in a short time period in order to remain solvent?

A. Fire sale
B. Short sale
C. Long sale
D. Liquidity sale

Answer: A

Economics

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Refer to Figure 13-2. Ceteris paribus, a decrease in the expected future price level would be represented by a movement from

A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.

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Accountants do not calculate __________ differently than do economists. a. Total revenue

b. Total costs. c. Profits. d. Any of the above.

Economics