Most likely, the stock market crash in 1929 was triggered by ________
A) an autonomous tightening of monetary policy
B) an unexpected increase in tax rates
C) the rise of fascist political parties in Europe
D) a decline in consumer spending
A
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All of the following is likely to increase the supply of U.S. dollars in the forex market except?
A. If U.S. interest rates are low relative to foreign interest rates B. If investors' confidence in foreign economies increases C. If U.S. consumers prefer foreign goods to U.S. goods D. If investors’ confidence in US investments increases.
Which type of bond offers a relatively high interest rate to compensate for its relatively high chance of default?
a. Junk bond b. Treasury bond c. Municipal bond d. Savings bond
The central idea behind the Troubled Asset Relief Program was for the Treasury to sell mortgage-backed securities to interested investors, wait for prices to increase, and then buy these securities back for a profit.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The economy is currently at Point B. The opportunity cost of moving from Point B to Point A is the
A. 120 LCD TVs that must be forgone to produce 20 additional OLED TVs. B. 30 LCD TVs that must be forgone to produce 40 additional OLED TVs. C. 20 OLED TVs that must be forgone to produce 30 additional LCD TVs. D. 40 OLED TVs that must be forgone to produce 120 additional LCD TVs.