Which of the following is an asset of a commercial bank?<...
Which of the following is an asset of a commercial bank?
Reserve funds
Shareholders capital
Customers' deposits
Treasury bills
Correct answer is D
Treasury securities include short term bills, intermediate term notes and long term bonds. These bonds are an asset for banks in the same way that loans are an asset. The bank will receive a stream of payments in the future.
A greater burden of tax on a product with high price elasticity of demand rests mainly on the ...
Given the demand function Qd = 20 - 1/ 2P. What is Qd when P is $12? ...
Which of the following statement is TRUE about ECOWAS? ...
The formula index of export prices/index of import prices * 100 is used to measure the ...
The law of diminishing returns is applicable to the__________ ...
Basic extractive activities are classified as ...
if a given change in price brings a proportionately larger change in quantity demanded, the ...
What happens when a minimum price is imposed in a market? ...
From the diagram above, the quantity of output is determined by the point ...