Which of the following is an asset for a bank?
A) deposits of its customers
B) short-term borrowing
C) shareholders' equity
D) loans
Answer: D
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What is the most probable reason why garbage men have higher wages than waiters?
A. Marketplace discrimination B. Active unionization in the garbage collection field C. Higher demand for garbage men than nurses D. The nonmonetary attractiveness of garbage collection causing fewer people to want to be garbage men
A mixed strategy is a strategy that:
A. randomizes over two or more available actions in order to keep rivals from being able to predict a player's action. B. guarantees the highest payoff given the worst possible scenario. C. results in the highest payoff to a player regardless of the opponent's action. D. describes a set of circumstances in which no player can improve her payoff by unilaterally changing her own strategy, given the other players' strategies.