Which of the following is NOT an asset of a bank?
A) Cash equivalents of the bank B) Stockholders' equity
C) Long-term investments made by the bank D) Official bank reserves
B
Economics
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Refer to Table 8-3. Consider the data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals
A) $2,200. B) $1,600. C) $1,400. D) $1,200.
Economics
If economies of scale are relatively unimportant in an industry, the typical firm's long-run average total cost curve will reach a minimum at a level of output that is a ________ fraction of total industry sales. The industry will be ________
A) large; competitive B) small; an oligopoly C) large; an oligopoly D) small; competitive
Economics