All of the following are examples of borrowings by a bank EXCEPT
A) federal funds.
B) repurchase agreements.
C) discount loans.
D) commercial loans.
D
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A government policymaker suggests "Double the money supply and U.S. citizens' real incomes will double." In the long run, is this policy advice correct?
What will be an ideal response?
In the long run, the total variable cost of a firm:
a. is equal to its total fixed cost. b. is equal to its total cost. c. is equal to its average fixed cost. d. is more than its total fixed cost. e. is less than its total cost.
The Federal Open Market Committee:
A. makes decisions that influence the nation's fiscal policy. B. reports directly to Congress. C. makes decisions that affect excess reserves available to banks. D. determines who may buy and sell government bonds.
How did the information revolution that kicked in during the late 1990s increase productivity?
A. Businesses learned how to use foreign suppliers to cut costs. B. Businesses were able to sell in larger markets through their websites. C. Businesses learned how to use computers to produce more output with fewer workers. D. Businesses began using the Internet to provide online training for workers.