If a bank buys securities, its
A) net worth increases.
B) net worth decreases.
C) reserves increase.
D) reserves decrease.
D
Economics
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Non-paying activities in economics are referred to as:
A) relief. B) leisure. C) free time. D) unemployment.
Economics
Some superstar athletes in the sports industry earn very high levels of income relative to other occupations, and over time the wage differential has been increasing. What could have caused this?
A) The market power of athletes' unions has increased. B) Technological advances such as cable television has increased the demand for sports entertainment. C) The supply of star athletes has decreased. D) The supply of star athletes has increased due to college athletic programs.
Economics