Harold purchased farmland a long time ago because he felt the stock market was too risky. Now he is afraid of the risk that someone will get hurt on his land and sue him. Which financial intermediary can Harold use to protect the money he has invested in farmland from being taken in a lawsuit?
a. a mutual fund
b. a savings and loan
c. a bank
d. an insurance company
d. an insurance company
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Crowding in is the result of
A. Rising unemployment. B. Rising government borrowing. C. Falling interest rates. D. Declining business confidence.
If a dollar buys less coffee in the U.S. than in Kenya, then
a. the real exchange rate is greater than 1; a profit might be made by buying coffee in Kenya and selling it in the U.S. b. the real exchange rate is greater than 1; a profit might be made by buying coffee in the U.S. and selling it in Kenya. c. the real exchange rate is less than 1; a profit might be made by buying coffee in Kenya and selling it in the U.S. d. the real exchange rate is less than 1; a profit might be made by buying coffee in the U.S. and selling it in Kenya.
Which of the following could cause a recession?
A. A decline in aggregate demand B. A decline in unemployment C. An increase in aggregate supply D. An increase in government spending
Microeconomics is concerned with studying which of the following?
A) the determinants of national unemployment B) the effects of monetary policy C) the study of a nation's workforce D) none of the above