The most significant change in the economic environment that changed the demand for financial products in recent years has been
A) the aging of the baby-boomer generation.
B) the dramatic increase in the volatility of interest rates.
C) the dramatic increase in competition from foreign banks.
D) the deregulation of financial institutions.
B
Economics
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Compared to low-income families, upper-income families are likely to
a. be larger in size. b. be headed by an adult of prime working age (between 35 years and 64 years). c. have more than one family member working. d. be all of the above.
Economics
Owner-provided capital and owner-provided labor are examples of
A) explicit costs. B) implicit costs. C) normal rate of return. D) accounting costs.
Economics