Bank capital can best be described as:
A) funds contributed by shareholder purchasers of a bank's stock plus the accumulated retaining earnings
B) the accumulated amount of reserves held by a bank
C) the location of most of the major banks of a country
D) another name for bank assets
A
Economics
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Retailers do not find it profitable to engage in promotional activities because
a. They reap the full benefits of the promotion b. They have to share the benefits of the promotion with the manufacturer c. They are unaware of competing retailers' ability to "free ride" on their efforts d. All of the above
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The long-run supply curve for a competitive industry always has a positive slope
a. True b. False Indicate whether the statement is true or false
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