A firm issues bonds to
A. earn a return.
B. lend money.
C. influence monetary policy.
D. borrow money.
Answer: D
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In the case of a normal good, an increase in consumers' incomes would shift the
a. demand curve inward b. supply curve inward c. supply curve outward d. supply and demand curves inward e. demand curve outward
The three methods for computing GDP include
a. the expenditure approach, the value-added approach, and the factor payments approach b. the expenditure approach, the value-added approach, and the productivity approach c. the productivity approach, the value-added approach, and the factor payments approach d. the expenditure approach, the productivity approach, and the factor payments approach e. the output approach, the productivity approach, and the factor payments approach
The 12 regional Federal Reserve Banks
A. are not allowed to make loans to banks in their districts. B. regulate banks in their districts. C. have more voting members on the FOMC than does the Board of Governors. D. are each headed by a member of the Board of Governors.
Refer to the information provided in Figure 23.4 below to answer the question(s) that follow.
Figure 23.4Refer to Figure 23.4. The aggregate consumption functions C2 and C3
A. imply the same MPS. B. have the same MPC. C. differ in terms of the amount of consumption when income is zero. D. all of the above.