Which of the following is a service of depository institutions?
A) decreasing the liquidity drain of funds in the banking system
B) monitoring the Federal Reserve
C) pooling risk
D) loaning funds to other depository institutions at the discount rate
C
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In order for Ethiopia to increase its future economic growth, it must choose a point that is:
a. further along on its production possibilities curve toward the capital goods axis. b. above its production possibilities curve. c. below its production possibilities curve. d. further along on its production possibilities curve toward the consumption goods axis.
Standardized coefficients are also referred to as:
A. beta coefficients. B. y coefficients. C. alpha coefficients. D. j coefficients.
Figure 9-4
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In Figure 9-4, if the economy faces an inflationary gap, what must happen to reach potential GDP?
A. The expenditure level must rise and/or the price level must rise. B. The expenditure level must rise and/or the price level must fall. C. The expenditure level must fall and/or the price level must fall. D. The expenditure level must fall and/or the price level must rise.
A decrease in the value of a currency relative to other currencies is called a(n):
A. depreciation. B. devaluation. C. appreciation. D. revaluation.