There is a short-run trade-off between a bank's liquidity and _______.
a. asset quality
b. profitability
c. discount window borrowing
d. all of the above
e. a. & b. only
Answer: B
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
a. asset quality
b. profitability
c. discount window borrowing
d. all of the above
e. a. & b. only
Answer: B