How do banks make profits?
They charge borrowers a higher interest rate than they pay depositors.
Economics
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Which of the following is an argument in favor of trade liberalization?
(a) Increased investment. (b) Infant industry. (c) Fluctuating export earnings. (d) Increased government revenue.
Economics
Refer to the information provided in Table 8.3 below to answer the question(s) that follow.
Table 8.3
Refer to Table 8.3. What is the total cost of producing zero units of output?
A. $0 B. $30 C. $60 D. indeterminate from the given information
Economics