An example of an "investment" financial intermediary is
A) an insurance company.
B) a private pension fund.
C) a credit union.
D) a mutual fund.
D
You might also like to view...
Answer the following statement(s) true (T) or false (F)
1. If a model is based on unrealistic assumptions, then it cannot be robust. 2. Equilibrium conditions are used to analyze the desirability of economic outcomes. 3. A Nash equilibrium is one in which each individual optimizes taking market prices as given. 4. Efficiency is one common criterion that economists use to judge whether or not an outcome is desirable. 5. Even if an economic model is not detailed enough to give numerical predictions, it might still be useful if it can indicate the direction of change in economic variables.
According to Adam Smith's invisible hand
A) markets need the government to intervene. B) forces are constantly pushing markets out of equilibrium C) people coordinate their activities, resulting in equilibrium in the market. D) there is an invisible glove that restricts what markets can do.
In the prisoners' dilemma game, one prisoner is always better off confessing, no matter what the other prisoner does
a. True b. False Indicate whether the statement is true or false
If UIP holds and if the home currency is expected to depreciate, then:
a. the home interest rate must be greater than the foreign interest rate. b. interest rates cannot be changing. c. the home interest rate must be less than the foreign interest rate. d. Not enough information is provided to answer the question