When a bank acts as an agent of another bank, especially in carrying a deposit balance for the latter, then that bank will be referred to as a ________
A. commercial bank
B. central bank
C. reserve bank
D. correspondent bank
D
Business
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Elastic demand results when movement in price:
A. results in significant changes in supply B. does not result in significant changes in supply C. results in significant changes in demand D. does not result in significant changes in demand E. results in equal movement in demand
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Few sport venues have the ability to generate significant revenue beyond game days.
a. true b. false
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