The total assets of commercial banks in 2018 amounted to about Multiple Choice three times nominal GDP in the United States. one-half of nominal GDP in the United States. one-tenth of nominal GDP in the United States. four-fifths of nominal GDP in the United States.
The total assets of commercial banks in 2018 amounted to about Multiple Choice three times nominal GDP in the United States. one-half of nominal GDP in the United States. one-tenth of nominal GDP in the United States. four-fifths of nominal GDP in the United States.
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 1QP: How much money did you make last year? What is wrong with that statement?
Related questions
Question
The total assets of commercial banks in 2018 amounted to about
Multiple Choice
-
three times nominal
GDP in the United States. -
one-half of nominal GDP in the United States.
-
one-tenth of nominal GDP in the United States.
-
four-fifths of nominal GDP in the United States.
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