An important source of short-term funds for commercial banks are ________ which can be resold on the secondary market
A) negotiable CDs
B) commercial paper
C) mortgage-backed securities
D) municipal bonds
A
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If the savings rate in an economy is 30%, and the GDP of the economy is $1,000, then the level of investment in the economy will be:
A) $330. B) $150. C) $600. D) $300.
Of the following market structures, which is the most competitive?
A) perfect competition B) monopolistic competition C) monopoly D) oligopoly
The Bureau of Labor Statistics (BLS) compiles information about employment by
A) performing a census of every household in the nation. B) performing a quarterly survey 6,000,000 households. C) performing a monthly survey of 60,000 households. D) determining the average estimate of labor market specialists around the nation. E) contacting each of the 50 states' Departments of Labor.
Taxes on alcohol and tobacco are often referred to as “______ taxes.”
a. flat b. vertical c. sin d. progressive