A bond is a

A. Ownership share in a private company.
B. License to use the Fed's discount window.
C. Certification that a bank has met the Fed's reserve requirement.
D. Promise to repay borrowed funds.


Answer: D

Economics

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Show graphically and explain why targeting an interest rate is preferable when money demand is unstable and the IS curve is stable

What will be an ideal response?

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In the long run, Bubba's Baby Boutique, a monopolistically competitive firm,

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Economics