Financial innovation has caused
A) banks to suffer declines in their cost advantages in acquiring funds, although it has not caused a decline in income advantages.
B) banks to suffer a simultaneous decline of cost and income advantages.
C) banks to suffer declines in their income advantages in acquiring funds, although it has not caused a decline in cost advantages.
D) banks to achieve competitive advantages in both costs and income.
B
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Which of the following people would be considered unemployed by the Bureau of Labor Statistics?
I. Mrs. X retires from her job and does not look for another job. II. Mr. Y was laid off from his job as a welder, but expects to be rehired in 8 months. A) I only B) II only C) Both I and II D) Neither I nor II
Refer to the data. NDP (net domestic product) is:
Answer the question on the basis of the following data. All figures are in billions of dollars:
A. $116.
B. $121.
C. $125.
D. $150.