The two most important financial markets are the _____ market and the _____ market
Fill in the blank(s) with correct word
bond, stock
stock, bond
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What two things does the amount of property income a household earns depend upon?
What will be an ideal response?
The present value of $300 received 5 years in the future would be calculated as which of the following when the interest rate is 5%?
A) 300/(1.5)5 B) 5.05/300 C) 300/(1.05)5 D) 300 × 1.5 × 5
When it comes to voting in a presidential election, we would expect, ceteris paribus,
A) a lower percentage of eligible voters will vote if the weather is bad and this makes it harder to get to the polls on election day (than would have voted if the weather was good). B) a higher percentage of eligible voters will vote if the weather is bad on election day (than would have voted if the weather was good). C) many people to vote who are rationally ignorant. D) a higher voter turnout in the North than in the South. E) a and c
With a required reserve ratio of 20 percent, an increase in reserves of $10,000 could lead to a maximum increase in checking account deposits in the entire banking system of
A) $2,000. B) $8,000. C) $50,000. D) $100,000.