Which of the following would be the best example of a spot market?
a. the market for fine art
b. the market for bananas
c. the market for stocks and bonds
d. the market for baseball cards
B
Economics
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Which of the following is classified as an asset for a commercial bank customer?
A) A car loan B) A commercial loan C) Demand deposits D) Deposits with the Federal Reserve
Economics
Trade between nations is based on absolute advantage, which occurs when a country has a lower opportunity cost of producing a good
a. True b. False Indicate whether the statement is true or false
Economics