Which of the Following Would Not Be Part of Primary

question 119

Multiple Choice

Which of the following would not be part of primary bank capital?

• A) bank premises
• B) common stock of the bank
• C) loan loss reserves
• D) perpetual preferred stock

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Definitions:

Political Candidate

An individual who offers themselves for public office by participating in electoral campaigns to win an election.

Personal Benefits

Advantages or gains that accrue directly to an individual as a result of an action or investment.

Public Choice Theory

A framework that applies economic principles to the analysis of political behavior, emphasizing the self-interest of voters, politicians, and bureaucrats.

Excise Tax

A tax imposed on specific goods, services, or activities, often included in the price of products like tobacco, alcohol, and gasoline.