A bank has $50 billion in financial assets and $1 billion in real assets. It has $45 billion in deposits, $4 billion in common equity, no preferred. What must be the total of its other liabilities in $ billion?

a) 0
b) 1
c) 2
d) 5
e) 6

Answer: c) 2

Business

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Which of the following was required for new applicants to qualify for EU membership?

a) minimum economy size of €1 trillion b) nationalization of private assets c) deregulation of markets d) sustained GDP growth of 10 percent for five years

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In most cases there is a symbolic meaning behind a brand that links individuals to a brand community and to other owners of the brand

Indicate whether the statement is true or false

Business