--investment_bodie_kane_marcus_7판_솔루션 --------
1. a. Cash is a financial asset because it is the liability of the federal government.
b. No. The cash does not directly add to the productive capacity of the
economy.
c. Yes.
d. Society as a whole is worse off, since taxpayers, as a group will make up for
the liability.
2. a. The bank loan is a financial liability for Lanni. (Lanni`s IOU is the bank`s
financial asset.) The cash Lanni receives is a financial asset. The new financial
asset created is Lanni`s promissory note (that is, Lanni’s IOU to the bank).
--------------semicondutor phsics and deviceDonald A. Neamen3판 반도체물성과소자--
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