The Federal funds rate is the rate that banks pay for loans from:
A. The Fed
B. The U.S. Treasury
C. Other banks
D. Large Corporations
C. Other banks
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Which of the following is not true about migration?
a. Migration plays an important role in the economies of developing countries b. A major source of foreign exchange in some countries is the money sent home by migrants c. Migration provides a valuable safety valve for poor countries d. The best and brightest professionals are very unlikely to migrate to developed countries e. Every year thousands of nurses migrate from countries such as Kenya and the Philippines to the United States
When a country allows trade and becomes an exporter of a good,
a. consumer surplus and producer surplus both increase. b. consumer surplus and producer surplus both decrease. c. consumer surplus increases and producer surplus decreases. d. consumer surplus decreases and producer surplus increases.
The demand for inputs is ________ because it depends on the demand for outputs.
A. unrelated to cost B. inconsequential C. a secondary demand D. a derived demand
When the AE line lies above the 45° line,
A) real GDP exceeds aggregate planned expenditure. B) there are unplanned increases in inventories. C) aggregate planned expenditure is less than real GDP. D) the price level is rising. E) there are unplanned decreases in inventories.