Which of the following is the best place to set funds aside for "surprise" expenditures?
A) ownership of real estate
B) your regular checking account.
C) the stock market
D) a savings account
D) a savings account
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When the exchange rate between the U.S. dollar and the euro changes from 1.30 euros per dollar to 1.00 euro per dollar the dollar has ________ and U.S. goods have become ________ to people in Europe so that quantity of U.S. dollars demanded ________
A) depreciated; cheaper; decreases B) depreciated; cheaper; increases C) appreciated; more expensive; decreases D) depreciated; more expensive; decreases E) appreciated; cheaper; increases
Over the last three decades in the United States, services have become a smaller fraction of GDP relative to goods
Indicate whether the statement is true or false
Which of the following is a bank liability?
A. reserve deposits held at the Fed B. loans made to customers C. required reserves D. demand deposit balances
Which of the following crises involved the use of "tesobonos"?
A. The Mexican crisis in 1994 B. The 2007 global financial crisis C. The Asian currency crisis in 1997 D. The 1982 debt crisis