If a Bank Has $1 Million in Assets and $50,000

question 31

Multiple Choice

If a bank has $1 million in assets and $50,000 in net worth,its liabilities must equal:

• A)$50,000.
• B)$1,050,000.
• C)$50 million.
• D)$1,000,000.
• E)$950,000.

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Definitions:

Rationality

The quality of being based on or in accordance with reason or logic.

Quick Decisions

Choices or judgments made rapidly without extensive deliberation, often relying on intuition or immediate perception.

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The way information is presented to the public, which can influence perception and understanding.

Issue

A point or matter of discussion, debate, or dispute, often requiring resolution or consideration.