Recall the Application about the free-agent market for professional baseball pitchers to answer the following question(s).Recall the Application. Baseball players who switch teams are more likely to suffer from injuries because the player's ________ team has superior information concerning the health of the player and, if they believe the player will be prone to injury in the future, they ________ be willing to outbid another team.
A. new; will not
B. old; will not
C. new; will
D. old; will
Answer: B
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Although the Federal Reserve had traditionally made discount loans only to ________, in response to the financial crisis in 2008 the Fed made primary dealers eligible for discount loans as well
A) commercial banks B) investment banks C) government agencies D) mortgage lenders
Holding other factors constant, the increase in African Americans and Hispanics in the labor force in the United States has
A) decreased structural and frictional unemployment. B) increased cyclical unemployment declined. C) decreased cyclical unemployment increased. D) increased the natural rate of unemployment.
Representative money is
a. accepted on faith. b. found in M1 and M2 money measures. c. today in the form of check able deposits. d. redeemable for a commodity.
The Fed usually sets a higher reserve requirement for savings accounts than for checking accounts
a. True b. False Indicate whether the statement is true or false