Banks earn profits from off-balance sheet loan sales
A) by foreclosing on delinquent accounts.
B) by selling the loans at discounted prices.
C) by selling existing loans for more than the original loan amount.
D) by calling-in loans before the maturity date.
C
Economics
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If, when the price falls, total revenue increases, demand is
A) elastic. B) inelastic. C) unit elastic. D) perfectly inelastic. E) None of the above answers is correct because total revenue always decreases when the price of the good falls.
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The slope of a horizontal line is
a. infinitely large b. zero c. positive d. negative e. infinitely small
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