Which of the following can be described as when a bank buying securities owned by a business while agreeing to sell them back at a later date?
A) repurchase agreement
B) reverse repurchase agreement
C) federal funds
D) discount loans
B
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An increase in consumer pessimism will lead to increased inflation in
What will be an ideal response?
A firm's supply curve is upsloping because:
A. the expansion of production necessitates the use of qualitatively inferior inputs. B. mass production economies are associated with larger levels of output. C. consumers envision a positive relationship between price and quality. D. beyond some point the production costs of additional units of output will rise.
In economic terminology, what is the meaning of investment?
What will be an ideal response?
If the money supply is $1 billion, the reserve requirement is 10%, and currency holding $50 million, then reserves are
a. $50 million. b. $100 million. c. $20 million. d. $40 million. e. none of the above