If the Fed was trying to reduce demand-pull inflation, it might:
a. sell government securities, lower reserve requirements and lower the discount rate.
b. sell government securities, raise reserve requirements and raise the discount rate.
c. sell government securities, lower reserve requirements and raise the discount rate.
d. buy government securities, lower reserve requirements and raise the discount rate.
b
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How many Federal Reserve District Banks are there?
A) 5 B) 7 C) 12 D) 1
If it took as many dollars to buy goods in the United States as it did to buy enough currency to buy the same goods in India, the real exchange rate would be computed as how many Indian goods per U.S. goods?
a. one b. the number of dollars needed to buy U.S. goods divided by the number of rupees needed to buy Indian goods c. the number of rupees needed to buy Indian goods divided by the number of dollars needed to buy U.S. goods d. None of the above is correct.
Which of the following is a reason why American ideology regarding antitrust policy has changed over the past few decades?
A. Fewer foreign firms face restrictions in their home countries. B. More foreign producers provide competition for domestic producers. C. More Americans are stockholders and benefit from monopolies. D. Fewer Americans are involved in the political process.
A client has $100,000 on deposit at year-end and owes the bank $250,000 on a note payable. The borrowing agreement calls for the client to maintain a minimum (compensating) balance of $40,000 on deposit during the life of the bank loan. On the balance sheet, the asset cash should be stated at $60,000, the excess of the deposit over the compensating balance.
a. true b. false