Direct finance involves the sale to ________ of marketable securities such as stocks and bonds
A) households
B) insurance companies
C) pension funds
D) financial intermediaries
A
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Which of the following is not a function of the Federal Reserve System?
a. To control the money supply. b. To print new money. c. To supervise and regulate banks. d. To aid in the check clearing process. e. To maintain and circulate currency.
If the consumption of a good by one individual does not change the amount of the good available to others, the good is considered to be
a. durable. b. nonrival-in-consumption. c. a common good. d. a natural resource.
The model of aggregate demand and aggregate supply explains the relation between
A. price and quantity of a particular good. B. unemployment and real output. C. wages and unemployment rate. D. real GDP and the price level.
Refer to the below graph for a monopolistic ally competitive firm. A successful advertising campaign by the firm will cause its demand curve to shift from:
A. A to B and become more elastic
B. A to B and become less elastic
C. B to A and become more elastic
D. B to A and become less elastic