Which of the following involves financial intermediation?
a. a bank makes a loan
b. a household buys stock issued by a corporation
c. a foreign government purchases U.S. government bonds
d. All of the above are correct.
a
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The intersection of GG and LL determines
A) the optimal level of integration desired by Norway. B) the maximum integration level desired by Norway. C) the minimum level of integration that will cause Norway to join the fixed exchange rate regime. D) the maximum level of integration that will cause Norway to join the fixed exchange rate regime. E) the maximum level of integration that can aid Norway if it joins the fixed exchange rate regime.
In repeated games:
A. players no longer need commitment strategies to reach a mutually beneficial equilibrium. B. players will never reach a mutually beneficial equilibrium. C. there are no dominant strategies. D. negative-negative outcomes are the only outcomes possible.
The hard-landing scenario begins with
a. a US recession. b. a decline in foreign demand for US assets. c. an increase in foreign demand for dollars. d. an increase in foreign demand for assets. e. a US expansion.
Recent changes in methods used to compute the CPI have made the
a. upward bias in the CPI inflation rate more severe than it used to be. b. upward bias in the CPI inflation rate less severe than it used to be. c. downward bias in the CPI inflation rate more severe than it used to be. d. downward bias in the CPI inflation rate less severe than it used to be.