An increase in government spending will shift the aggregate demand curve to the left
Indicate whether the statement is true or false
FALSE
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Which of the following is probably producing positive externalities?
A) A citizen who becomes well-informed about community issues B) A homeowner who maintains a beautiful lawn C) A person with an engaging smile D) All of the above. E) None of the above.
The current account records
a. last year's flows of funds into and out of the country b. current flows of imports and exports of goods and services, net income earned by U.S. residents from foreign assets, and net transfer payments c. current flows of imports and exports of goods only d. only net income earned by U.S. residents from foreign assets e. only current flows of imports and exports of goods and services and net transfer payments
The practice of dividing packages of debts into slices, each with different risk and return characteristics, is called:
A. leveraging. B. bundling. C. pooling. D. tranching.
If the Fed raises the discount rate, it:
a. forces commercial banks to call in existing loans. b. changes excess reserves into required reserves. c. changes required reserves into excess reserves. d. none of the above