Financial markets
A) channel funds indirectly between borrowers and lenders.
B) channel funds directly from lenders to borrowers.
C) act as go-betweens by holding a portfolio of assets and issuing claims based on that portfolio to savers.
D) generally provide lenders with lower returns than do financial intermediaries.
B
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A perfectly competitive firm’s short-run supply is infinite at the market price.
Answer the following statement true (T) or false (F)
A positive temporary supply side shock will:
A. increase the level of potential output in the long run. B. decrease the price level in the long run. C. increase the price level in the long run. D. have no effect in the long run.
It is possible for a country to have domestic investment that exceeds national saving
a. True b. False Indicate whether the statement is true or false
Minimum-wage laws, unions, and efficiency wages contribute to
a. both structural unemployment and the natural rate of unemployment. b. neither structural unemployment nor the natural rate of unemployment. c. structural unemployment, but not the natural rate of unemployment. d. the natural rate of unemployment, but not structural unemployment.