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omeli [17]
3 years ago
15

About two-thirds of all U.S. commercial banks are chartered by the state in which they are based.The banks are called _________

banks.
Business
1 answer:
erastova [34]3 years ago
8 0

Answer:

State.

Explanation:

About two-thirds of all U.S. commercial banks are chartered by the state in which they are based.The banks are called state banks.

A state bank can be defined as any bank that receives or got its charter from a state government but not the federal government of the United States of America. In the United States of America, a state bank reserves the right to either be a member of the Federal Reserve System ("The Fed") or not and as such, can only do business within the state and be regulated by the state where it is operating.

<em>Some examples of state banks in the United States of America are California Bank of Commerce, CalPrivate Bank, United Pacific Bank, Citizens Business Bank etc. </em>

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7nadin3 [17]
Three ways to improve human capital are
education and training,
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4 0
3 years ago
The opportunity cost of attending college is:
Sidana [21]

Answer:

1. lost wages from not working full time.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

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Travel expenses, tuition, and books are the real costs of attending college .

I hope my answer helps you

8 0
3 years ago
Which of the following is a correct statement of the accounting equation in economic terms?A. Economic resources = creditor fina
Dafna11 [192]

Answer:

D. Economic resources = creditor financing + owner financing

Explanation:

The economic resources in accounting are:

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  • and equity which represent both, the actual nvestment and the retained earnings(owner financing)

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4 0
4 years ago
Loss is the value of the economic surplus that is forgone when a market is not allowed to adjust to its competitive equilibrium.
avanturin [10]

Answer:

True (Dead-weight loss )

Explanation:

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7 0
3 years ago
As discussed in the chapter "Why Poor Countries are poor" from Harford's book, The Undercover Economist, which of the following
atroni [7]

Answer:

The correct answer is (B)

Explanation:

The correct answer is (B)

Because, According to Mancur Olson's theory of dictatorships in poor countries, stable dictatorships cause less economic harm than unstable dictatorship

6 0
3 years ago
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