A bank is legally required to hold a fraction of its ________ as ________
A) deposits; required reserves
B) deposits; excess reserves
C) loans; excess reserves
D) loans; required reserves
Answer: A
Economics
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Human beings are generally very good at accurately estimating probabilities
Indicate whether the statement is true or false
Economics
If Luxury Cabinets, a kitchen cabinet manufacturer, builds a cabinet plant near Big Woods, a timber harvesting farm, to reduce the costs of transporting lumber, the cabinet plant is a(n) ________.
A) information asset B) negotiation asset C) transaction-specific asset D) monitoring cost
Economics