Which of the following is a liability to a bank?
A) total reserves
B) transaction deposits
C) government securities
D) loans
Ans: B) transaction deposits
Economics
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Your company makes copper pipes. Over the years, you have collected a large inventory of raw copper. The production process involves melting the copper and shaping it into pipes. You also have a large stockpile of pennies
Suppose the price of copper rises so much that the copper in the penny becomes worth more than one cent. Should you melt down your pennies?
Economics
The two economists associated with the development of the theory of monopolistic competition were
A) Joan Robinson and Edward Chamberlin. B) David Hume and Adam Smith. C) John Neville Keynes and John Maynard Keynes. D) Carl Menger and Eugen Von Bohm-Bawerk.
Economics