This topic contains a solution. Click here to go to the answer

Author Question: The main source of profit for financial institutions is: a. their ownership of stocks in commercial ... (Read 54 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
The main source of profit for financial institutions is:
 a. their ownership of stocks in commercial corporations.
 b. their ownership of real assets received in foreclosures on loans to households.
 c. the fees charged for holding and servicing checking accounts.
 d. the difference between interest paid on deposits and interest received on loans.
 e. the difference between the cost of creating new money and the interest paid on loans.

Question 2

Which of the following is not included in the rules of the game?
 a. The laws, customs, conventions, and other institutional elements associated with trade
  b. Property rights
 c. Ensuring that the market process generates a fair price for all
 d. A stable political environment
 e. A stable legal system



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

d

Answer to Question 2

c





 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library