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realgraverobb realgraverobb
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A year ago
Refer to the diagram above for Good Bank. If the value of the bank's long-term investments increase by 11%, by how much does the bank's stockholder equity increase (this is called the bank's return on equity)?

▸ 100%

▸ 20%

▸ 1%

▸ 10%
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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owenutonowenuton
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A year ago
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Smart ... Thanks!
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Good timing, thanks!
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