Which is NOT considered money?
A. Checking account balances
B. Traveler's checks issued by non-banks
C. Credit cards
D. Currency
C. Credit cards
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List the factors that influence supply. How does a change in each of the factors you have listed affect the supply curve?
What will be an ideal response?
Changes in reserve requirements directly and immediately affect
A) the monetary base. B) banks' holdings of securities. C) the Fed's holdings of foreign exchange. D) the money multiplier.
An example of fixed investment spending is
A) the purchase of a new apartment building by a property management company. B) the purchase of corporate bonds by Microsoft Corporation. C) the purchase of a new wood chipper by a landscape maintenance company. D) $4 million in unsold furniture at a home furnishings manufacturer.
Vertical relationships can increase profits through
a. preventing firms from evading regulation b. creating a double-markup problem c. better aligning the incentives of manufacturers and retailers d. preventing price discrimination