An asset of a bank is
a. the value of money that is on deposit.
b. the amount a depositor may legally borrow.
c. something of value that the bank owes to a depositor.
d. something of value that a bank owns.
d
Economics
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In the figure above, if the market is unregulated, the price will be
A) $250 per unit. B) $200 per unit. C) $150 per unit. D) $100 per unit.
Economics
A disadvantage of virtual banks (clicks) is that
A) their hours are more limited than physical banks. B) they are less convenient than physical banks. C) they are more costly to operate than physical banks. D) customers worry about the security of on-line transactions.
Economics