Which of the Following Statements Are True

question 145

Multiple Choice

Which of the following statements are true?

• A) A bank's assets are its sources of funds.
• B) A bank's liabilities are its uses of funds.
• C) A bank's balance sheet shows that total assets equal total liabilities plus equity capital.
• D) A bank's balance sheet indicates whether or not the bank is profitable.

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Definitions:

Unrealistic Assumptions

Hypothetical conditions in models or theories that do not necessarily reflect real-life complexities, used to simplify analysis.

Economic Problems

Economic Problems refer to the various challenges that countries face in allocating scarce resources to meet the desires and needs of their populations.

Bureau of Labor Statistics

The Bureau of Labor Statistics is a U.S. government agency that collects, processes, and disseminates essential statistical data related to labor market activity, working conditions, and price changes in the economy.

Major Employer

A business or organization that provides a significant number of jobs within a community or economy, often influencing labor market conditions.