Which of the following people are liquidity providers?
A. Used car salesman
B. Antiques dealer
C. Bank teller
D. All of these are considered liquidity providers.
D. All of these are considered liquidity providers.
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Suppose the government of New Country fixes the exchange rate of its currency, the Newo, in terms of the U.S. dollar. Initially the exchange rate is set at $0.50 per Newo. In a crisis, the government changes the exchange rate to $0.25 per Newo. This is an example of a(n):
A. appreciation B. devaluation C. revaluation D. depreciation
Less money means ________ interest rates, which ________ spending
A) lower; stimulates B) lower; reduces C) higher; stimulates D) higher; reduces
The term that is used to refer to a situation in which one party to an economic transaction has less information than the other party is
A) asymmetric information. B) inefficient market hypothesis. C) information disparity. D) moral hazard.
Price doesn't change in a market-day supply curve
Indicate whether the statement is true or false