All else the same, if a bank's liabilities are more sensitive to interest rate fluctuations than are its assets, then ________ in interest rates will ________ bank profits
A) an increase; increase
B) an increase; reduce
C) a decline; reduce
D) a decline; not affect
B
Economics
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Budget deficits inevitably lead to inflation in
A) nations that are unable to borrow from the public. B) small nations. C) nations that can easily borrow from the public. D) budget deficits have no effect on inflation.
Economics
Bank A has $25,500 in required reserves. The required reserve ratio is 10 percent. Bank A has checkable deposits of
A) $2,550. B) $255,000. C) $2,550,000. D) $25,500.
Economics