Derivatives would include all of the following except:
A. futures.
B. options.
C. U.S. Treasury securities.
D. swaps.
Answer: C
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In a matched sale-purchase transaction, the Fed
A) buys securities from a dealer and the dealer agrees to buy them back. B) sells securities to a dealer and the dealer agrees to sell them back. C) buys securities from one dealer and sells the same dollar amount of securities to another dealer. D) sells securities to one dealer and buys the same dollar amount of securities from another dealer.
Suppose that C = $700, I = $200, G = $200, NX = $100, and that the money supply is equal to $400. Based upon these assumptions, velocity is equal to ________________. If consumption and velocity both rise beyond their initial levels, then it follows that another component of spending ___________ necessarily fall
A) 3; must B) 3; does not C) 4; must D) 4; does not
Mr. Pistole says TSA has about _____ screening lanes nationwide. Of those, ___ are PreCheck lanes
Fill in the blank(s) with the appropriate word(s).
______ is defined as the percentage change in the demand of one good (good A) divided by the percentage change in the price of another good (good B).
a. income elasticity of demand b. price elasticity of supply c. unit elasticity of demand d. cross-price elasticity of demand