What are the major assets and the major claims (liabilities) on a commercial bank’s balance sheet?
What will be an ideal response?
Major assets include reserves, loans, and government securities. Major claims are customer checkable deposits. In Chapter 33, the only major assets mentioned were reserves and loans.
Economics
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Net national product equals
A) gross national product minus statistical discrepancy. B) gross national product minus depreciation. C) national income minus taxes on production and imports. D) national income plus depreciation.
Economics
If all consumers had identical preferences, then their marginal utility schedules would be the same
a. True b. False Indicate whether the statement is true or false
Economics