A US commercial bank can lend 100% of its excess reserves

a. true
b. false

Ans: a. true

Economics

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The process where financial intermediaries create and sell low-risk assets and use the proceeds to purchase riskier assets is known as

A) risk sharing. B) risk aversion. C) risk neutrality. D) risk selling.

Economics

The choice of transfer-pricing method:

A. does nothing to profits of sub-units. B. affects the firm's total profits. C. merely reallocates total company profits among its bigger units. D. merely reallocates total company profits among its smaller units.

Economics