A bank's assets equal its liabilities under
a. both 100-percent-reserve banking and fractional-reserve banking.
b. 100-percent-reserve banking but not under fractional-reserve banking.
c. fractional-reserve banking but not under 100-percent-reserve banking.
d. neither 100-percent-reserve banking nor fractional-reserve banking.
a
Economics
You might also like to view...
Price cap regulation is regulation that
A) is a marginal cost pricing rule. B) is an average cost pricing rule. C) imposes a price ceiling on the regulated firm. D) has the same incentive effects as does rate of return regulation. E) is the same as allowing the firm to operate as if it was totally unregulated.
Economics
In present value, if 140 delayed utils are only worth 70 utils now, the discount weight must be equal to ________
A) 1/2 B) 1/8 C) 1 D) 2
Economics