Refer to the data. Real GDP in year 4 is:
A. $320.
B. $450.
C. $200.
D. $800.
C. $200.
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Commercial bank reserves are typically less than 1 percent of total assets, however in 2013 bank reserves ________ because of ________
A) dropped drastically to near zero; the wave of natural disasters experienced in the nation and around the world B) rose to around 88 percent; the financial crisis of 2008-2009 C) rose to around 18 percent; the financial crisis of 2008-2009 D) rose drastically to around 18 percent; the wave of natural disasters experienced in the nation and around the world E) dropped drastically to near zero; the financial crisis of 2008-2009
When a firm is regulated so that its price enables it to earn a specified target percent return on its capital, the regulation is called
A) rate of return regulation. B) price cap regulation. C) earnings limited regulation. D) target pricing regulation.
Which of the following bank assets is the most liquid?
A) consumer loans B) reserves C) state and local government securities D) U.S. government securities
Starting in 1974, the conventional M1 money demand function began to severely ________ the demand for money. Stephen Goldfeld labeled this phenomenon "the case of the missing ________."
A) underpredict; velocity B) overpredict; velocity C) underpredict; money D) overpredict; money