Which of the following is a liability on a bank's balance sheet?

A) checkable deposits
B) reserves
C) loans
D) all of the above
E) none of the above

A

Economics

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At an output of 17, ATC is $20 and MC is $17. At an output of 18, ATC is $20.20 and MC is $21. We may conclude that the output at which the firm produces at peak efficiency is

A. less than 17. B. 17. C. between 17 and 18. D. 18.

Economics

Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.

A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower

Economics