A bank is solvent when:
A) its stockholders' equity exceeds the value of its assets.
B) the value of its liabilities exceeds its stockholders' equity.
C) the value of its total assets exceeds the value of its liabilities.
D) the value of its liabilities exceeds the value of its assets.
C
Economics
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As the U.S. became increasingly industrialized in the 19th century,
a. the poor got poorer. b. the rich got poorer. c. the income of the poor grew more slowly than the income of the rich. d. the income of the poor grew more rapidly than the income of the rich.
Economics
When you see GDP/L in any model of economic growth, you know it refers to
a. the capital-output ratio b. the capital-labor ratio c. output per laborer d. output per capital e. the output-capital ratio
Economics