Banks that are managed in a very safe and conservative manner can be expected to earn
a. high, steady profits.
b. high but volatile profits.
c. low and consistent profits.
d. low profits with occasional major losses.
c
Economics
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The aggregate production function of an economy shifts upward when ________ produce a higher output
A) the same amount of capital and labor B) the same amount of capital and a higher amount of labor C) a higher amount of capital and labor D) the same amount of labor and a higher amount of capital
Economics
Which of the following is not included in U.S. GDP?
a. The market value of an oil change that Ben performs on his own car. b. The market value of an oil change at Speedy Lube. c. The market value of oil purchased by Ben. d. Production of foreign citizens living in the United States that work in an oil packaging facility.
Economics