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
Question 2
A new discovery of large volumes of previously unknown deposits of natural gas in Pennsylvania would
A) shift only the short-run aggregate supply curve to the right.
B) shift only the long-run aggregate supply curve to the right.
C) not affect either the short-run or long-run aggregate supply curves.
D) shift the short-run and long-run aggregate supply curves to the right.
Bank
Example of Reconciling a Bank Statement Cont.
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