When the Treasury acquires gold or SDRs, it issues certificates to the ________, which are a claim on the gold or SDRs, and in turn is credited with deposit balances at the ________

A) Federal Reserve System; Fed
B) Federal Reserve System; IMF
C) International Monetary Fund; Fed
D) International Monetary Fund; IMF


A

Economics

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If actual inflation is greater than the expected rate of inflation, then probably

A. the borrowers are made better off than lenders. B. the borrowers are made worse off than lenders. C. creditors gain at the expense of borrowers. D. savings accounts have increased in real terms.

Economics

Refer to the table below. If the profit for each unit of paper product is $2 and the profit for each unit of lumber is $5, what is the marginal benefit for each unit of paper products produced?


Big Oaks can produce either paper products or lumber with each tree that they harvest. Because Big Oaks can adjust the amount of paper products and lumber they produce from the harvested trees, paper products and lumber are produced in variable proportions. The above table summarizes Big Oaks production possibilities from each harvested tree.

A) $2
B) $3
C) $7
D) $5

Economics

Suppose the figure below illustrates the demand curve facing a monopolist. At a price of $8 per unit, the total revenue for this monopolist is ________ per day, and the marginal revenue earned from the last unit sold is ________.

A. $3,200; $8 B. $3,200; $0 C. $3,200; $4 D. $8; $8

Economics

Among the most important demand side factors explaining homes prices would be the size of the

A. homebuyer's car. B. metropolitan area and home itself. C. home. D. metropolitan area.

Economics