The country that spends the most per capita on healthcare is _____.
Fill in the blank(s) with the appropriate word(s).
the United States
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When a bank receives a check drawn on an account from another commercial bank, the bank gains
A) capital equal to the amount of the check. B) capital equal to the required reserve ratio times the amount of the check. C) reserves equal to the amount of the check. D) reserves equal to the required reserve ratio times the amount of the check.
Debt instruments that have maturities less than one year are traded in the:
A. money market. B. primary market exclusively. C. bond markets exclusively. D. bond market if they are already in existence.
A pure discount bond is also known as a:
A. coupon bond. B. consol. C. zero-coupon bond. D. fixed payment loan.
Macroeconomics is best defined by which of the following statements?
A) Macroeconomics is the study of how firms attempt to maximize profits. B) Macroeconomics is the study of the behavior of the economy as a whole. C) Macroeconomics is the study of individual households. D) Macroeconomics is the study of how the prices of individual goods are determined.