Bonds are a ________ liquid asset than other loans because they ________.
A. less; are standardized
B. more; are standardized
C. more; are guaranteed from default by the government
D. less; are guaranteed from default by the government
Answer: B
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If a bank borrows funds for three years, the borrowing will be classified as:
A) demand deposits. B) short-term borrowing. C) stockholders' equity. D) long-term debt.
A firm's supply curve corresponds to
A) the marginal cost curve. B) the average total cost curve. C) the marginal cost curve above the minimum average variable cost curve. D) the average variable cost curve.
Supporters of globalization believe that free trade and international investment result in all countries raising their living standards
a. True b. False Indicate whether the statement is true or false
The academic work of Ben Bernanke, recent Chairman of the Board of Governors of the Federal Reserve System, suggests that he is a firm advocate of ________
A) fixed exchange rates B) inflation targeting C) decreased central bank transparency D) nominal GDP targeting