It has been argued that banks tended not to take full advantage of issuing notes, thereby passing up potential profits because:
a. the profit amounts were small.
b. they were not the types of profits conservative bankers wanted to pursue.
c. regulations and opportunity costs involved with the issuance itself limited the profits.
d. All of the above are correct.
e. Only a and c are correct.
d. All of the above are correct.
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The two biggest items of the U.S. federal government revenue that together account for over approximately 80 percent of total federal government revenue are
A) personal income taxes and Social Security taxes. B) personal income taxes and corporate income taxes. C) personal income taxes and sales taxes. D) corporate income taxes and Social Security taxes. E) corporate income taxes and property taxes.
What are the three cases for the price elasticity of demand? Briefly define each
What will be an ideal response?