Which of the following is likely among the most concentrated industries in the United States?
A) printing and publishing
B) breakfast cereals
C) primary aluminum
D) computers
Answer: B
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The "crowding-out effect" refers to how a government budget deficit
A) shifts only the supply of loanable funds curve leftward. B) shifts both the demand for and the supply of loanable funds curves leftward. C) increases the equilibrium quantity of investment. D) shifts only the demand for loanable funds curve leftward. E) decreases the equilibrium quantity of investment.
Measuring the sensitivity of bank profits to changes in interest rates by multiplying the gap times the change in the interest rate is called
A) basic duration analysis. B) basic gap analysis. C) interest-exposure analysis. D) gap-exposure analysis.
What is the unbalanced development strategy and how does this strategy create forward and backward linkages into the economy?
In financial markets, buyers are people who:
A. have cash promised to them at some future date. B. have cash on hand and are willing to let others use it, for a price. C. want to spend money on something of value right now, but don't have cash on hand. D. want to spend money on something of big value in the future, but don't know how to save for it.