When loans are paid off, the bank's assets will decline, deposits will decline, M1 and M1 will decline

a. true
b. false

Answer: a. true

Economics

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A table that shows the possible payoffs each firm earns from every combination of strategies by all firms is called

A) a payoff table. B) an earnings table. C) a strategic matrix. D) a payoff matrix.

Economics

Relative to simple pricing, price discrimination leads to

a. Consumer surplus being converted to producer surplus b. Increased profits c. A simplified pricing schedule d. Both a and b

Economics