Foreign exchange reserves are critical to an effective floating exchange rate system
Indicate whether the statement is true or false
F
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A bank failure is less likely to occur when
A) a bank holds less U.S. government securities. B) a bank suffers large deposit outflows. C) a bank holds fewer excess reserves. D) a bank has more bank capital.
To what extent are homemaking and child-rearing accounted for in the government's GDP accounts?
A) Not at all B) Only to the extent that they are provided for pay C) Only to the extent that taxes are paid on them D) All homemaking and child-rearing are accounted for
For net present value calculations, the rate of return that one could earn by investing in another project with similar risk is known as the:
A) real interest rate. B) nominal interest rate. C) prime interest rate. D) opportunity cost of capital.
A Keynesian model is one in which prices are sticky:
a. in the short run only. b. in the short run and in the long run. c. in the long run only. d. so that they never depend on the money supply.