In 1971 money market mutual funds were introduced as an alternative to
A) commercial paper.
B) Treasury bills.
C) repurchase agreements.
D) bank deposits.
D
You might also like to view...
Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
Financial markets promote greater economic efficiency by channeling funds from ________ to ________
A) investors; savers B) borrowers; savers C) savers; borrowers D) savers; lenders
Total fixed cost
a. varies with the level of output. b. has a downward-sloping curve. c. has an upward-sloping curve. d. is constant at all levels of output.
Which of the following will NOT occur in the short run when the money supply decreases?
A. The interest rate will increase. B. The price level decreases. C. People will buy fewer goods and services. D. Aggregate supply decreases.