Which asset is sometimes referred to as a bank's secondary reserves?
A) vault cash
B) U.S. government securities
C) repurchase agreements
D) federal funds
B
You might also like to view...
Refer to Table 15-3. Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2016 and in 2017 if the Federal Reserve does not use monetary policy
If the Fed wants to keep real GDP at its potential level in 2017, it should A) buy Treasury securities. B) decrease income taxes. C) sell Treasury securities. D) decrease the required reserve ratio.
If countries have similar factor endowments and productivities, what type of trade are they most likely to have?
What will be an ideal response?
A key difference between recessions and depressions is that recessions are: a. longer than depressions
b. more severe than depressions. c. accompanied by price increases, while depressions are accompanied by price decreases. d. shorter and less severe than depressions. e. accompanied by price decreases, while depressions are accompanied by price increases.
To ensure that a nominal payment represents a constant level of purchasing power over time, one should:
A. divide it by the price index. B. subtract the price index from it. C. add the price index to it. D. increase it by a percentage equal to the rate of inflation for that year.