Which of the following institutions is not subject to Federal Reserve's reserve requirements?
A) A state-chartered commercial bank
B) A savings and loan association
C) A money market mutual fund
D) A credit union
C
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In the article on China holding $4 trillion in dollars, for every dollar it holds in reserves, it prints
A. 6.5 fewer yuan for the domestic money supply. B. 10 fewer yuan for the domestic money supply. C. 6.5 additional yuan for the domestic money supply. D. 10 additional yuan for the domestic money supply.
Any change in price along a perfectly inelastic demand curve produces:
A. greater change in the quantity demanded. B. less change in the quantity demanded. C. no change in the quantity demanded. D. infinite change in the quantity demanded.
If you get a flu shot and by taking it, you help prevent the spread of the disease, then the flu shot is:
A. a private good with external benefits. B. a private good with external costs. C. a public good with external benefits. D. a public good with external costs.
If two inputs are complementary and employed in fixed proportions, an increase in the price of one input will:
A. Decrease the demand for the other input B. Increase the demand for the other input C. Increase the quantity demanded for the other input D. Have no effect on the demand for the other input