The payment made by a bank to a depositor to use her money for lending to those in need of funds is referred to as the ________
A) dividend
B) interest
C) principal
D) stock
B
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If the price level increases,
A) the buying power of your checking accounts rises with it. B) the economy tends to grow faster. C) there is no effect on buying power. D) the buying power of your checking account falls.
The above figure shows the domestic market for wheat. Suppose this market is isolated from global competition. The with no government intervention, the equilibrium price is ________ and the equilibrium quantity is ________
A) $15 per ton; 100 million tons B) $14 per ton; 250 million tons C) $12 per ton; 300 million tons D) $12 per ton; 250 million tons E) $15 per ton; 400 million tons
Why do people donate less when it is costlier to give?
What will be an ideal response?
Appreciation of the U.S. dollar will ________ exports and ________ imports, other things equal
A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase