The largest asset item for most banks is: a. cash. b. bonds. c. ...

[sabina]

The largest asset item for most banks is:
 a. cash.
 b. bonds.
 c. loans.
 d. federal cash reserves.

Question 2

The Phillips curve is named after the economist A. W. Phillips, who found that there is:
 a. an inverse relationship between the PPI and the budget deficit in the United States.
  b. an inverse relationship between wage rates in Great Britain and the unemployment rate.
  c. an inverse relationship between economic growth and the unemployment rate in Great Britain.
  d. a positive relationship between inflation and the unemployment rate in the United States.
  e. a positive relationship between British national debt and economic downturns.

[mtmmmmmk]

Answer to Question 1

c

Answer to Question 2

b

[sabina]

Thanks for the timely response, appreciate it

[mcarey591]

Excellent