The U.S. market for interbank borrowing and lending is called the:
a. Federal funds markets.
b. Secondary market.
c. Money market.
d. Real Goods Market.
e. Primary market.
.A
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According to the Heckscher-Ohlin model
A) the gainers from trade could compensate the losers and still retain gains. B) everyone gains from trade. C) the scarce factor gains from trade and the abundant factor loses. D) a country gains from trade if its exports have a high value added. E) only the country with the more advanced technology gains from trade.
When marginal product is rising, marginal costs will: a. rising
b. remaining unchanged. c. falling. d. rising by an equal amount.
If marginal revenue is less than marginal cost, the firm should
A. raise marginal revenue. B. decrease its rate of output. C. increase its rate of output. D. raise price.
What fiscal policy actions did the U.S. government take in 2008 and 2009?
What will be an ideal response?