The original maturity on U.S. Treasury bills is between
A) three months and six months.
B) one and ten years.
C) six months and three years.
D) ten and thirty years.
A
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Under perfect capital mobility
a. there are no restrictions on buying financial assets, though there may be on buying factories and equipment. b. transactions costs have to be zero. c. differential risk in assets across countries are minimal. d. All of the above e. None of the above
GNI and PPP data are useful because they provide a dynamic analysis of economic development.
a. true b. false
Suppose that tacos and pizza are substitutes, and soda and pizza are complements. We would expect an increase in the price of pizza to:
A. increase the demand for both soda and tacos. B. reduce the demand for both soda and tacos. C. reduce the demand for soda and increase the demand for tacos. D. reduce the demand for tacos and increase the demand for sodas.
The difference between assets and liabilities is
A. a balance sheet. B. net worth. C. legal reserves. D. a sweep account.