Which of the following would be an asset on a consolidated balance sheet for a commercial bank?
a. Checkable deposits
b. Time and savings deposits
c. Reserves held on deposit at the Federal Reserve
d. Borrowing from the Federal Reserve
C
Economics
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If politicians decide to proceed with protection, why might economists prefer tariffs to quotas? Explain at least three reasons
What will be an ideal response?
Economics
When Roxanne, a U.S. citizen, purchases a designer dress from Barneys of New York that was made in Milan, the purchase is
A) both a U.S. and an Italian import. B) a U.S. import and an Italian export. C) a U.S. export and an Italian import. D) neither an export nor an import for either the United States or Italy.
Economics