A bank's assets are $670 million and its liabilities are $490 million, which means that the bank's net worth (bank capital) is If the bank's assets rise by 6% at the same time that its liabilities rise by 4%, the bank's new net worth will then be

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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A bank's assets are $670 million and its liabilities are $490 million, which means that the bank's net
If the bank's assets rise by 6% at the same time
worth (bank capital) is
that its liabilities rise by 4%, the bank's new net worth will then be
O $1,160 million; $168.8 million
O $180 million; $200.6 million
O $100 million; $104 million
$580 million: $160.5 million
Transcribed Image Text:A bank's assets are $670 million and its liabilities are $490 million, which means that the bank's net If the bank's assets rise by 6% at the same time worth (bank capital) is that its liabilities rise by 4%, the bank's new net worth will then be O $1,160 million; $168.8 million O $180 million; $200.6 million O $100 million; $104 million $580 million: $160.5 million
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