A bank has total assets of $3,000,000. Of these assets, $200,000 are cash and $300,000 are Treasury securities
Furthermore, the bank holds municipal revenue bonds of $600,000, residential mortgages of $1,000,000, and consumer and commercial loans of $900,000. This bank's risk-adjusted assets are A) $3,000,000.
B) $1,900,000.
C) $1,250,000.
D) $1,070,000.
D
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The amount of inflation caused by expansionary monetary policy depends on the slope of the aggregate supply curve.
Answer the following statement true (T) or false (F)
Say a pill existed that made people selfless. After taking it they were only interested in others, not themselves. Under the coordination definition of economics:
A. there would be a political problem but not an economic problem. B. no economic problem would exist. C. there still would be an economic problem. D. there would be a social problem but not an economic problem.