Resources that are ________ tend to be carefully managed to provide profits, which ensures that they will last a long time

A) publicly held
B) privately owned
C) scarce
D) abundant

B

Economics

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A bank run occurs when:

A) a bank experiences an extraordinarily large volume of withdrawals. B) a bank sells its assets to its own stockholders. C) the central monetary authority regulates the functioning of banks. D) a bank's assets exceeds its liabilities.

Economics

Suppose the reserve ratio is RR. Then

A) required reserves = RR × deposits. B) required reserves = RR × loans. C) required reserves = RR × actual reserves. D) required reserves = RR × excess reserves.

Economics