From 2008 to 2014, the Fed engage in ________ round(s) of quantitative easing.
A. 1
B. 2
C. 3
D. 4
Answer: C
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External financing by ________ should be more important in developing countries than in industrialized countries because information about private firms is more difficult to collect in developing countries
A) financial intermediaries B) bonds C) stock D) direct lending
A needy family consisting of a mother and three children currently receives cash benefits that average $12 per day. The mother of this family is allowed to earn an average of $4 per day before her benefits begin to decline. After that, for each dollar earned, cash benefits decline by 67 cents for each dollar earned. Assume that she can find work at $4 per hour. How many hours will she have to work per day before her benefits are eliminated?
What will be an ideal response?
An example of a good or service that would not count in the U.S. GDP would be:
A. a t-shirt made by The Gap in Cambodia. B. a t-shirt made by Organi-tee in Oregon. C. a TV made by Toshiba in Georgia. D. a bottle of water made by Poland Springs in Maine.
Why do people often hold money instead of bonds?
A. Bonds pay interest. B. Money is less liquid than bonds. C. Money is needed for transactions. D. Of the two, only money is a store of wealth.