In banking, the spread refers to the difference between the
A) interest rate on long-term bonds and the interest rate on short-term bonds.
B) interest rate on car loans and the interest rate on home mortgages.
C) average interest rate earned on assets and the average interest rate paid on liabilities.
D) bid and asked prices on a bond.
C
Economics
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If new entry occurs in a perfectly competitive industry, the demand curve for each existing firm will: a. shift up
b. shift down. c. shift right. d. shift left.
Economics
One of the popular myths about monopoly is that:
a. a monopolist is the single seller of a particular commodity. b. a monopolist can charge any price for his/her good. c. a monopolist is a price maker. d. a monopolist may earn positive profits even in the long run. e. a monopolist faces the market demand curve.
Economics