Although the Federal Reserve had traditionally made discount loans only to commercial banks, in response to the financial crisis in 2008 the Fed made ________ eligible for discount loans as well
A) the Treasury Department
B) mortgage brokers
C) savings banks
D) primary dealers
Answer: D
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Real GDP per capita is found by
A. dividing population by real GDP. B. subtracting population from real GDP. C. dividing real GDP by population. D. adding real GDP and population.
The Iranian Revolution in 1979 led to another interruption of oil supplies to the United States. This caused the reoccurrence of
A. deflation. B. full employment. C. trade surpluses. D. stagflation.
Daniella notices that the price of a Lyft home from work today is $14, though it is usually $9. She chooses to take the bus instead, even though the bus is always crowded and it takes her three times as long to get home. This is an example of the ______ effect.
a. income b. substitution c. marginal utility d. endowment
If a manager has the right to fire, promote, and compensate an employee, the employee obviously has an economic incentive to comply with the manager's wishes. Which of the following potential sources of power is described by this statement?
A. Formal authority B. Control of information C. Control of budgets and resources D. Having friends and allies