Which of the Following Statements Most Accurately Describes the Task

question 17

Multiple Choice

Which of the following statements most accurately describes the task of bank asset management?

• A)Banks seek the highest returns possible subject to minimizing risk and making adequate provisions for liquidity.
• B)Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
• C)Banks seek to prevent bank failure at all cost;since a failed bank earns no profit,liquidity needs supersede the desire for profits.
• D)Banks seek to acquire funds in the least costly way.

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Definitions:

Korematsu Decision

The 1944 Supreme Court case (Korematsu v. United States) that upheld the internment of Japanese Americans during World War II as constitutional.

Bretton Woods Meeting

An international conference held in 1944 in Bretton Woods, New Hampshire, where the foundations for the modern international monetary system and major global financial institutions were established.

Economic System

A framework that defines how a society allocates, produces, and distributes resources and goods.

Native Americans

Indigenous peoples of the United States, including their history, culture, and present-day issues, often referring to the many diverse tribes, nations, and ethnic groups who originally inhabited the land now known as the United States.