On a bank's balance sheet, the value of its assets must equal:
a. net worth only
b. liabilities only.
c. owner's equity.
d. the value of its liabilities plus net worth.
e. its revenues minus costs.
d
Economics
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Refer to the information above. The official unemployment rate is
A) .1. B) .2. C) .33. D) .4. E) .66.
Economics
If the price of the Brazilian real is 60 cents and a U.S. resident purchases a Brazilian-manufactured item for 60,000 real, there will be
A) a quantity demanded of 60,000 real and a quantity supplied of $60,000. B) a quantity demanded of 60,000 real and a quantity supplied of $36,000. C) a quantity demanded of 60,000 real, but we cannot determine the effect in the market for dollars. D) a quantity supplied of 60,000 real and a quantity demanded of 60,000 yen.
Economics