One Reason Customers Do Not Care About the Quality of Their

question 83

Multiple Choice

One reason customers do not care about the quality of their bank's assets is:

• A) most people cannot distinguish an asset from a liability.
• B) the quality of a bank's assets changes almost daily.
• C) they assume the bank only has high quality assets.
• D) with deposit insurance, there isn't any real reason to care; their deposits are protected even if the bank fails.

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Definitions:

Demand For Labor

The total amount of workers that employers are willing and able to hire at a given wage rate in the labor market.

Variable Inputs

Factors of production that can be adjusted in the short term to change the level of output, such as labor or raw materials.

Production Process

The sequence of steps or operations involved in the production and manufacture of goods or services, transforming inputs into finished products.

Supply Of Labor

The total hours that workers are willing and able to work at a given wage rate.