Research suggests that about ______ percent of people living under the poverty line in any given year are chronically poor.
A. 3
B. 8
C. 13
D. 38
A. 3
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A 91-day $10,000 Treasury bill is selling for $9,000. The bill's coupon equivalent yield is __________ percent
A) 3.96 B) 4.46 C) 8.02 D) 10.0
A risk-averse investor will:
A. sometimes accept a lower expected return if it means less risk. B. only invest in assets providing certain returns. C. always accept a greater risk with a greater expected return. D. never accept lower risk if it means accepting a lower expected return.
Suppose Country A, a relatively capital-abundant country, experiences further expansion in its endowment of capital. Explain how this might affect its volume (amount) of trade and its terms of trade with the rest of the world. Under what conditions (if any) would the economic well-being of Country A decline after the increase in its capital endowment?
What will be an ideal response?
Which of the following actions by the Fed would increase the money supply?
A. reducing the required reserve ratio B. selling government bonds in the open market C. increasing the discount rate D. increasing the income tax rate