Which of the Following Is an Example of a Bank's

question 81

Multiple Choice

Which of the following is an example of a bank's liabilities?

• A) its reserves
• B) its loans
• C) checkable deposits
• D) its holdings of U.S. government bonds

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite of a normal good.

Downsloping

Refers to a curve or line moving downwards on a graph, often used in economics to describe demand curves where price and quantity demanded move in opposite directions.

Demand and Supply

The fundamental economic concept that describes the amount of a specific good or service that is available to consumers and the desire of consumers for it, considered as functions of its price.

Consumer Incomes

The total amount of money earned by consumers from various sources like wages, investments, and government benefits, which affects their purchasing power and economic behavior.