In the 1960s, banks started issuing negotiable CDs in order to
A) offer higher interest rates than they were allowed to on deposits.
B) lower information costs.
C) appeal more to the small borrower.
D) lend in the direct finance market.
A
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The multinational agency that specializes in making loans to developing nations in an effort to promote long-term development and growth is the
A) World Trade Organization. B) International Monetary Fund. C) World Bank. D) United Nations Development Program.
Focusing on real GDP per capita allows economists to control for how ______ impacts economic growth.
a. annual percentage change b. the standard of living c. population growth d. international changes
The argument that trade in high-tech equipment can facilitate the implementation of advanced military technology in countries that may become strategic opponents later on is the
A) national security argument. B) infant industry argument. C) protecting domestic jobs argument. D) environmental and safety argument.
Investors in real estate can choose to hold properties directly in the private market or indirectly through publicly traded real estate securities. The market for buying selling, and leasing real estate can be characterized by all of the following EXCEPT:
A. localized markets B. highly segmented markets C. privately negotiated contracts D. low transaction costs