Interest rates are positive mainly because
A) of inflation.
B) people tend to prefer the present to the future.
C) people tend to prefer the future to the present.
D) bankers are greedy.
B
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The usefulness of money in commercial societies comes from the fact that
A) money is backed by gold. B) most people will change their behavior at least a little in response to money incentives. C) most people will do anything at all for money. D) most people would rather spend money than save it. E) the quantity of money can easily be expanded or contracted.
All of the following are examples of electronic funds EXCEPT
A) credit cards. B) debit cards. C) stored value cards. D) e-cash.
Appreciation of the Canadian dollar will
A. intensify an existing disequilibrium in Canada's balance of payments. B. make Canada's exports less expensive and its imports more expensive. C. make Canada's exports more expensive and its imports less expensive. D. make Canada's exports and imports both more expensive.
Prospective payment in the hospital sector
a. resulted in the hospital keeping any surplus payment. b. resulted in the hospital absorbing any loss from the payment. c. changed the incentive structure completely. d. all of these are true.