During 1993-1994, Democratic Republic of Congo has experienced an inflation rate of more than 69 thousand % per year. This economic condition would best be described as:
What will be an ideal response?
hyperinflation
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Is it possible for an investor to allocate more than 100% of their assets to the stock market?
A) No, this is not theoretically plausible. B) No, federal law prohibits this kind of investment. C) Yes, investors can borrow money to buy stocks on margin. D) none of the above
For a given increase in price, a greater elasticity of demand will result in a greater a. increase in quantity demanded. b. increase in demand
c. decrease in quantity demanded. d. decrease in demand.
A separate legal entity established by two or more companies to pursue shared business objectives.
What will be an ideal response?
The minimum amount of reserves a bank must hold with the Federal Reserve to back up its deposits is called a(n)
A. excess reserve. B. time deposit. C. demand deposit. D. reserve requirement.