As of 2010, to be in the bottom quintile for income distribution in the United States, a family needed in income no more than
A. $35,000.
B. $27,000.
C. $23,000.
D. $15,000.
Answer: C
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The figure above shows ________ relationship between the two variables
A) a positive B) a negative C) no D) an inverse
According to the Black-Scholes formula, the price of a European call option depends on its strike price, the current price of the underlying asset, the volatility of the underlying's price, the time to expiration, and the interest rate
Indicate whether the statement is true or false
Initially a bank has a required reserve ratio of 10 percent and no excess reserves. If $1,000 is deposited into the bank, then, ceteris paribus,
A. Required reserves will increase by $1,000. B. Total reserves will increase by $900. C. This bank can increase its loans by $1,000. D. This bank can increase its loans by $900.
Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the real risk-free interest rate and the nominal value of the domestic currency in the context of the Three-Sector-Model?
a. The real risk-free interest rate rises, and nominal value of the domestic currency falls. b. The real risk-free interest rate falls, and nominal value of the domestic currency falls. c. The real risk-free interest rate rises, and nominal value of the domestic currency remains the same. d. The real risk-free interest rate falls, and nominal value of the domestic currency rises. e. There is not enough information to determine what happens to these two macroeconomic variables.