In the factor market, households
A) sell resources. B) are both buyers and sellers of resources.
C) are neither buyers nor sellers of resources. D) buy resources.
A
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Assume that Jane has limited wealth to invest in two assets both of which promise her returns worth $3,000 after two years. The first is a bank deposit assuring an interest of 10 percent per annum and the second is a private bond with an interest rate of 8 percent per annum. Which of the two would require a low initial investment and of what amount?
a. The bond requiring an initial investment worth $2,564 . b. The bank deposit requiring an initial investment worth $2,479. c. The bond requiring an initial investment worth $2,479. d. The bank deposit requiring an initial investment worth $2,564.
Why does the government provide benefits in-kind? Why don't we just give money to low-income people?
During a recession unemployment benefits rise. This rise in benefits makes aggregate demand higher than otherwise
a. True b. False Indicate whether the statement is true or false
The “efficiency of the payments mechanism” refers to
A. the ease and speed of exchanging money for goods and services. B. how fast member banks replenish required reserves. C. how fast banks pay interest on deposit accounts. D. how fast countries pay off foreign debts.