One result of the Riegle-Neal Interstate Banking and Branching Efficiency Act was that:
A. banks became less geographically diversified and banking system efficiency decreased.
B. banking system efficiency increased.
C. banking system efficiency decreased.
D. banks became less geographically diversified.
Answer: B
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In financial markets, buyers are people who:
A. want to spend money on something of value right now, but don't have cash on hand. B. have cash on hand and are willing to let others use it, for a price. C. want to spend money on something of big value in the future, but don't know how to save for it. D. have cash promised to them at some future date.
When we compare PAE and actual output (Y) if PAE is greater than Y we expect that:
A. there will be no change in inventories. B. the government will spend more than it has collected in taxes. C. inventories to decrease. D. inventories to increase.
In comparing the changes in actual budget surplus and the structural surplus between 1993 and 1999, it is clear that the
A. actual surplus rose less than the structural surplus. B. actual surplus and the structural surplus rose about the same. C. actual surplus rose much more than the structural surplus. D. tax increases of 1993 decreased the structural surplus more than they decreased the actual surplus.
Country A-2020 Transactions (billions of dollars)
In the above table, the fact that there is a minus sign before the number for unilateral transfers means that
A. Country A imported more goods than it exported. B. Country A gave more to foreign residents than foreign residents gave to Country A. C. Country A received more in foreign aid than it gave in foreign aid. D. Country A has significant inflation.