Government regulations require publicly traded firms to provide information, reducing
A) transactions costs.
B) the need for diversification.
C) the adverse selection problem.
D) economies of scale.
C
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If gold miners expect the price of gold to be 100% higher one year from now, they will probably
A) decrease the supply of gold they bring to market now. B) increase the supply of gold they bring to market now. C) increase the quantity supplied of gold, but supply will remain unchanged. D) do none of the above.
Under the Bretton Woods exchange rate system, the U.S. government agreed to buy or sell gold at a fixed price of ________ per ounce
A) $1 B) $35 C) $100 D) $400
whoever does it the cheapest
What will be an ideal response?
The ________ is the interest rate commercial banks pay to the Fed; the ________ is the interest rate commercial banks charge each other for short-term loans.
A. discount rate; federal funds rate B. federal funds rate; discount rate C. nominal interest rate; prime rate of interest D. nominal interest rate; real interest rate