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Author Question: On a bank's balance sheet, the value of its assets must equal: a. net worth only. b. liabilities ... (Read 106 times)

TFauchery

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on: Jun 30, 2018
On a bank's balance sheet, the value of its assets must equal:
 a. net worth only.
 b. liabilities only.
 c. owner's equity.
  d. the value of its liabilities plus net worth.
  e. its revenues minus costs.

Question 2

Which of the following will shift the consumption function upward?
 a. A decrease in disposable income
 b. An increase in disposable income
  c. An increase in the interest rate
 d. Expectations of lower future prices
  e. An increase in net wealth


mcni194

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


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