In 2015, the average daily volume on the Federal reserves fed wire system was:
A. $330 billion.
B. $3.3 trillion.
C. $33 billion.
D. $330 million.
Answer: B
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Economists define investment to include purchases of
A) capital goods and inventories. B) capital goods, equity stocks, and inventories. C) capital goods, equity stocks, and bonds. D) capital goods, such as tools, instruments, and buildings. E) capital goods, household durable goods, and inventories.
List and discuss the four economic functions that depository institutions provide their customers
What will be an ideal response?
Assume the central bank decides to pursue contractionary monetary policy. Where and how should you begin your analysis when analyzing the chain reaction of economic interactions?
a. Start the analysis in the real credit market with supply of real credit shifting to the right. b. Start the analysis in the real credit market with aggregate demand for real credit shifting to the left. c. Start the analysis in the real credit market with demand for real credit shifting to the left. d. Start the analysis in the real credit market with demand for real credit shifting to the right. e. Start the analysis in the real credit market with supply of real credit shifting to the left.
Which statement is false?
A. The poverty rate was lower in 2009 than it was in 2000. B. The poverty rate for children under 18 is higher than the poverty rate for people over 65. C. The poverty rate today is higher than it was in 2006. D. The poverty rate for Hispanics is three times that of whites.