Author Question: An inducement to take a particular action is called A) the marginal benefit. B) the marginal ... (Read 66 times)

Chelseaamend · **on:** Jun 29, 2018

An inducement to take a particular action is called

A) the marginal benefit.
B) the marginal cost.
C) opportunity cost.
D) an incentive.

Question 2

When a bank receives deposits,

A) it must hold the entire amount as reserves in case of withdrawal.
B) the Fed requires it to hold only a small percentage as reserves.
C) it and it alone decides how much it will hold as reserves.
D) its liabilities increase in amount but its assets do not change.
E) its assets increase in amount but its liabilities do not change.