As Regulation Q was repealed, most of the assets of savings-and-loans were in the form of
A) business loans.
B) consumer loans.
C) mortgages.
D) savings deposits.
C
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Which of the following Fed actions increases the excess reserves of commercial banks?
A. Selling bonds to the public B. Selling bonds to commercial banks C. Lower the reserve requirement D. Increasing the discount rate
In August 2011, Standard & Poor's (S&P) changed its rating on U.S. Treasury bonds from "AAA" to "AA+" based on the state of the federal government's budget deficit
This was the ________ a rating agency had given Treasury bonds less than a rating of "AAA". A) first time ever B) second time since the year 2000 C) fifth time in history D) first time since the Great Depression
Which of the following statements is correct regarding a firm's decision-making?
a. The decision to shut down and the decision to exit are both short-run decisions. b. The decision to shut down and the decision to exit are both long-run decisions. c. The decision to shut down is a short-run decision, whereas the decision to exit is a long-run decision. d. The decision to exit is a short-run decision, whereas the decision to shut down is a long-run decision.
Suppose Sandy is moving to Washington, D.C. for a year-long job working for the government. She has decided to rent one of two apartments. Both apartments cost $1,000 per month and are identical except for the fact that one is a monthly rental and the other has a year-long lease. Which of the following best explains why Sandy might pick the year-long lease?
A. There is no good reason for Sandy to pick the year-long lease because the monthly rental allows her more flexibility. B. Sandy might worry that if she picks the monthly rental, she will get kicked out if the landlord finds someone willing to pay more than $1,000 per month. C. Sandy might worry that if she picks the monthly rental, she will have to move if she finds another apartment for less than $1,000 per month. D. There is no good reason for Sandy to pick the year-long lease because the two apartments are identical.