Suppose a bank has total assets of $3,000,000,000 and total deposits and other liabilities of $2,800,000,000. The bank's leverage ratio is

Explain the reason why the debt-to-GDP ratio in the United States is expected to explode between now and the year 2042

What will be an ideal response?

If labor markets are competitive, discriminating employers: a. suffer no economic consequences from discrimination

b. incur higher costs as a result of discrimination and are therefore at a competitive disadvantage. c. incur lower costs than nondiscriminating employers and therefore have a competitive advantage. d. enjoy higher profits.