Which of the following is NOT covered by federal deposit insurance?
A) savings account
B) money market mutual funds
C) checking account
D) money market deposit account
B
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In making your decision whether to take a trip during spring break, you compare all the other activities you could undertake. As a result, you
A) are not making a rational choice. B) must have made a choice in the social interest. C) limit the cost and the benefits you can gain. D) are making a choice on the margin. E) do not face an opportunity cost.
In the above figure, the equilibrium interest rate is ________ and the equilibrium quantity of money is ________ trillion
A) 4 percent; $1.2 B) 8 percent; $1.2 C) 4 percent; $0.6 D) 8 percent; $0.6 E) 0 percent; $1.2
When the economy produces its potential output, _____ is zero
a. frictional unemployment b. cyclical unemployment c. seasonal unemployment d. structural unemployment e. disguised unemployment
Low levels of sales that cause low levels of investment spending is an example of a
a. vicious circle. b. virtuous circle. c. convergence circle. d. divergence circle.