If a bank has $50 million in rate-sensitive assets and $20 million in rate-sensitive liabilities then

A) an increase in interest rates will reduce bank profits.
B) a decrease in interest rates will reduce bank profits.
C) interest rate changes will not impact bank profits.
D) a decrease in interest rates will increase bank profits.

B

Economics

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Which of the following are important for countries to promote with property rights and incentives if economic growth is to occur? i. specialization ii. saving and investment iii. increases in human capital iv. discovery of new technology

A) i, ii, iii and iv. B) ii and iii. C) iii and iv. D) ii and iv. E) i, ii and iv only.

Economics

Refer to the information above. Given this information, the steady state rate of growth of Y/NA is

A) 0. B) 2%. C) 3%. D) 5%. E) 16%.

Economics