TIAA-CREF, Teamsters' Union, and CalPERS are all primarily:
A. commercial banks.
B. thrifts.
C. insurance companies.
D. pension funds.
D. pension funds.
You might also like to view...
Required reserves for a commercial bank
A) are the minimum reserves that a bank must hold to back its deposits. B) are the reserves that a bank plans to hold in the bank's vault. C) are only the money used by the bank tellers. D) consist only of the bank's deposits at the Fed.
Which of these transactions results in an increase in M1?
A) withdrawal of $100 cash from your checking account B) certificate of deposit matures, adding $520 to your checking account C) depositing a bank loan of $400 into your savings account D) depositing a $300 paycheck into your savings account E) none of the above
In a perfectly competitive industry, influence over price is exerted by
A. individual sellers. B. individual buyers. C. the largest firms. D. the forces of supply and demand.
Total surplus is
a. equal to consumer surplus minus producer surplus. b. equal to the total value to buyers minus the total cost to sellers. c. equal to consumers' willingness to pay plus producers' cost. d. greater than the sum of consumer surplus plus producer surplus.