The acronym NASDAQ (one of the stock exchanges) stands for
A) National Academy of Stock Dealers Automated Quotations
B) New American Securities Dealers Automated Quotations
C) National Association of Securities Dealers Automated Quotations
D) North American Stock Dealers Automated Quotations
C
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Answer the following statement(s) true (T) or false (F)
1. Between 2000 and 2006, many mortgage-backed securities were given AAA ratings. 2. In 2005–2006, the Fed lowered interest rates. 3. Zero down payment mortgages led to fewer foreclosures. 4. Housing construction grew rapidly from 2006 to 2008. 5. The Dodd-Frank Act requires mortgage brokers to document applicants’ income, credit history and job status
In a certain country, it takes five of its 10workers to produce one barrel of wine butonly one worker to produce 1 yard ofcloth. If we graphed this country's PPF(placing wine on the vertical axis andcloth on the horizontal axis), the slope ofthe PPF would equal –1/5.
Answer the following statement(s) true (T) or false (F)
When the unemployment rate is less than the natural unemployment rate, real GDP is ________ potential GDP
A) greater than B) unrelated to C) not comparable to D) equal to E) less than
Of the following balance of payments measures, which one shows bestwhether there are speculative financial capital flows from the nation?
a. Balance on goods & services. b. Balance on goods, services, and net income. c. Overall balance. d. Financial account. e. Capital account.