The assets that appear on the central bank's balance sheet include the category of loans. Who are central banks lending to and are these loans associated with the central bank functioning as the government's bank? Explain.
What will be an ideal response?
The loans are usually made to commercial banks. Using the example of the Federal Reserve, these would be discount loans. This is not a central bank functioning as the government's bank; these loans are made as the central bank functions as the bankers' bank.
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A) Convertible preferred stockholders receive quarterly interest payments. B) Common stockholders receive a fixed dividend, and they are entitled to it before preferred stockholders get anything. C) Convertible preferred stock can be converted into preferred stock at a predetermined price. D) Many buyers of common stock are more interested in capital gains than in dividends.
The country with the lowest child poverty rate of those listed here is
A. Sweden. B. Denmark. C. Britain. D. Australia.
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Economic growth is:
A. an increase in our economy's potential output. B. represented by the long-run aggregate supply curve shifting to the right. C. a result of having more natural resources, land or capital. D. All of these are true.