A bank has total assets of $2,000,000 and capital of $150,000. The bank's leverage ratio is
A) 20%.
B) 15%.
C) 7.5%.
D) None of the above.
C
Economics
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If the government removes a binding price floor from a market, then the price paid by buyers will
A. decrease, and the quantity sold in the market will increase. B. decrease, and the quantity sold in the market will decrease. C. increase, and the quantity sold in the market will decrease. D. increase, and the quantity sold in the market will increase.
Economics
Which market model has the least number of firms?
A. Pure monopoly B. Pure competition C. Oligopoly D. Monopolistic competition
Economics