Cash and similar assets held to meet depositor withdrawals or payments are called:
A. bank reserves.
B. money.
C. deposits.
D. checking accounts.
Answer: A
Economics
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In which of the following ways can a corporation raise new funds for investment? I. Issuing new shares of stock II. Having existing stock resold between two owners
A) I only B) II only C) Both I and II D) Neither I nor II
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If real GDP falls from one period to another, we can conclude that:
A. deflation occurred. B. inflation occurred. C. nominal GDP fell. D. None of these necessarily occurred.
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