The most common type of interest-rate swap is
A) the plain vanilla swap.
B) the basic swap.
C) the ordinary swap.
D) the notional swap.
A
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Over the past decade, the United States has had a current account deficit and capital account deficit
Indicate whether the statement is true or false
Why is it more correct to say that the Fed (the central bank) controls the monetary base than to say it controls the amount of reserves?
What will be an ideal response?
If the long-run Phillips curve shifts to the left, then for any given rate of money growth and inflation the economy has
a. higher unemployment and lower output. b. higher unemployment and higher output. c. lower unemployment and lower output. d. lower unemployment and higher output.
An example of countercyclical fiscal policy is:
A. raising government spending when the economy is above potential. B. reducing government spending when the economy is below potential. C. raising government spending when the economy is at potential. D. reducing government spending when the economy is above potential.