Bank borrowing from the Fed is referred to as:
A) federal funds
B) discount loans
C) repurchase agreements
D) reverse repurchase agreements
B
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Jessica traded her string cheese for Jamie's apple the other day at lunch. Who was made better off?
A. Both Jessica and Jamie B. Jessica C. Neither Jessica nor Jamie D. Jamie
The opportunity cost of going to a particular college is not the same for everyone
Indicate whether the statement is true or false
According to the law of supply in the foreign exchange market, when the U.S. exchange rate rises, the quantity of U.S. dollars supplied will decrease
Indicate whether the statement is true or false
The concept of "rational expectations" is consistent with the notion of
a. utility maximization. b. profit maximization. c. strong mechanisms towards equilibrium in markets d. auction markets. e. all of the above.