If the interest rate spread between rate sensitive assets and rate sensitive liabilities increases for a bank, future increases in interest rates will lead to an increase in net interest income.

a. true
b. false

Ans: a. true

Business

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Which of the following best describes off invoice allowance?

A) offering channel members a long period of time before payment is due B) offering channel members below-market interest rates C) offering channel members a discount on orders for a fixed period of time D) offering money to help the channel members sell its products

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Which of the following actions in the Bible was undertaken to increase efficiency?

A) Abraham's lie that Sarah was his sister B) the Israelite's forty-year journey through the desert C) the prohibition of intermarriage between members of different tribes D) Hiram's use of a single mold for ten basin stands E) Joseph's interpretation of Pharaoh's dream

Business