Banks have historically used the discount window:
A. often, until the financial crisis of 2008.
B. sparingly during recessions, and often during booms.
C. sparingly, until the financial crisis of 2008.
D. often during recessions, and sparingly during booms.
Answer: C
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If you are informed copper prices will fall in the next few months, you should ________ copper futures
But if that information becomes common knowledge, others will do the same thing, and the price of copper futures will ________. A) buy; rise B) sell; rise C) buy; fall D) sell; fall
Investors should be willing to pay more for a stock when (controlling for all other things):
a. Future interest rates are expected to increase. b. Future interest rates are expected to decrease. c. Future dividends are expected to decrease.
Refer to the above figure. The figure represents the consumption function for a consumer. Point B represents
A. autonomous consumption. B. positive saving. C. negative saving. D. zero saving.
Microsoft is a dominant producer of operating system software for personal computers because
A. Linux and OS2 were unstable and vulnerable to frequent security failures. B. the U.S. Justice Department has always encouraged Microsoft to dominate its market. C. its Windows product was one of the first to appear in the market. D. all of the above.