Which financial intermediary primarily exists to issue residential mortgages?

a. mutual funds
b. insurance companies
c. banks
d. savings and loans


d. savings and loans

Economics

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As we increase the production of computers, we find that we must give up larger and larger amounts of DVD players per computer

A) This situation illustrates increasing opportunity cost. B) As a result, we should specialize in the production of DVD players. C) The production possibilities frontier for computers and DVD players is a straight line. D) DVD players will be more highly regarded by consumers than computers.

Economics

Which of the following is most likely to be a fixed resource for the Speedy Word Processing and Résumé Company?

a. floppy disks b. typists c. computer terminals d. electricity e. paper

Economics

Approximately three-fourths of all U.S. firms are

a. corporations. b. proprietorships. c. partnerships. d. consumer cooperatives.

Economics

Since 1960, the only period of several years when the full-employment government budget deficit was negative (that is, there was a full-employment surplus) was

A. from 2000 to 2005. B. the early 1970s. C. the late 1990s and early 2000s. D. the mid-1980s.

Economics