Which of the Following Is an 'Asset' of a Bank

question 21

Multiple Choice

Which of the following is an 'asset' of a bank?

• A) Deposits
• B) Short-term borrowing
• C) Long-term debt
• D) Loans

---

Definitions:

Wage Rate

The amount of compensation paid for labor services per unit of time (e.g., hour, day, or month).

Rental Rate

The price paid for the temporary use of a good, service, or property expressed typically as a daily, monthly, or yearly rate.

Minimum Cost

The lowest possible expense incurred in the production of a good or the provision of a service.

Output Levels

The quantity of goods or services produced by a firm, industry, or economy in a given period.