When the FOMC sets a monetary policy, it first identifies its intermediate target and then works accordingly to achieve its ultimate goal
a. True
b. False
Indicate whether the statement is true or false
False
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One way to predict the future profitability of a company is through:
A. technical analysis. B. fundamental analysis. C. using current prices. D. All of these are ways to predict a company's worth.
Which of the following is TRUE?
A. MPC * MPS = 1 B. MPC = 1+ MPS C. MPC = 1 - MPS D. MPC / MPS = 1
Consumer preferences for chocolate milk have decreased. If all other things are equal, what is the likely result of this decrease?
a. The supply of chocolate milk will decrease sharply. b. Market demand for chocolate milk will shift to the left. c. Market demand for chocolate milk will shift to the right. d. Both the price and supply of chocolate milk will decrease.
If a customer deposits $1,000 cash into her checking account, the bank's
a. assets rise by $1,000 and liabilities fall by $1,000. b. assets fall by $1,000 and liabilities rise by $1,000. c. assets and liabilities both fall by $1,000. d. assets and liabilities both rise by $1,000. e. profits rise by $1,000.