Usually, a commercial bank's depositors and its owners are the same individuals

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The ability of a firm or country to produce a good or service at a lower opportunity cost than other producers is called comparative advantage

Indicate whether the statement is true or false

Economics

Whenever statements embodying values are made, we enter the realm of

A) positive economics. B) normative economics. C) microeconomics. D) macroeconomics.

Economics