Loans are:
a. assets of banks, liabilities of borrowers.
b. liabilities of banks, assets of borrowers.
c. assets of banks and their borrowers
d. liabilities of banks and their borrowers.
a
Economics
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Sustained downward movements in the business cycle are referred to as
A) inflation. B) recessions. C) economic recoveries. D) expansions.
Economics
Recent income distribution figures in the United States show
A) slightly more inequality. B) less inequality. C) greater equity. D) less equity.
Economics