Programs to equalize individual income would most harm ______.
a. medium-income single people
b. low-income large families
c. medium-income married couples
d. high-income single people
d. high-income single people
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About _____ of the world's population live in LDCs.
Fill in the blank(s) with the appropriate word(s).
The covered interest rate parity condition can be stated as follows: The interest rate on dollar deposits equals the interest rate on euro deposits ________ the forward ________ on euros against dollars
A) plus; premium B) minus; premium C) plus; discount D) minus; discount E) times; premium
The term reserve requirement refers to the proportion of its deposits that a bank is legally required to deposit with the central bank
a. True b. False Indicate whether the statement is true or false
You do not worry about how your bank is investing your money because your deposits are federally insured. This is an example of:
A. a positive spillover. B. moral hazard. C. adverse selection. D. irrational behavior.