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Author Question: A commercial bank's main goal is to A) provide loans to its customers. B) maximize the wealth of ... (Read 107 times)

joblessjake

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on: Jun 29, 2018
A commercial bank's main goal is to
 
  A) provide loans to its customers.
  B) maximize the wealth of its stockholders.
  C) lend money to the Federal Reserve Banks.
  D) open checking accounts.
  E) help the government when it needs money.

Question 2

Which of the following shifts the demand for money curve?
 
  i. change in the nominal interest rate
  ii. change in real GDP
  iii. change in the price level
  A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii


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31809pancho

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


joblessjake

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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