Which of the following would NOT be an asset on a bank's balance sheet?
A) loans outstanding
B) bank building
C) cash in the vault
D) transactions deposits
D
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In 1991, Argentina decided to peg its currency (the Argentinean peso) to the U.S. dollar. Most of Argentina's trading, however, was with Brazil and Europe, not the United States. What result would pegging the Argentinean peso to the U.S
dollar have on the cost of imports from and exports to Brazil and Europe?
When the nominal interest rate is constant, ________ in the growth rate of the money supply ________ the inflation rate, and ________ the debt-to-GDP ratio
A) an increase; increases; increases B) an increase; decreases; increases C) a decrease; decreases; decreases D) a decrease; decreases; increases
The price of a hotdog is $1, the price of a movie ticket is $5, and the consumer has $13. A consumer has purchased 3 hotdogs and two movie tickets, receiving 10 units of utility for the last hotdog and 10 units of utility for the last movie. The set of
goods A) is an optimum since the entire income is spent and the marginal utility is the same for the last unit of each good. B) is an optimum because the consumer has maximized her utility given the limited income she had. C) is not an optimum because the marginal utility per dollar spent is greater for the hotdog than for the movie. D) is not an optimum because the marginal utility for the second hotdog was less than the marginal utility for the first hotdog.
Refer to the table and information below. What is the net benefit of project 2?
A government is considering undertaking one or more construction projects. The estimated marginal costs and benefits of each project are given in the table.
A. $2 million
B. $3 million
C. $4 million
D. $5 million