A commercial bank can add to its actual reserves by
A. lending money to bank customers.
B. buying bonds from the public.
C. buying bonds from a Federal Reserve Bank.
D. borrowing from a Federal Reserve Bank.
D. borrowing from a Federal Reserve Bank.
You might also like to view...
When Homer has 5 doughnuts, his marginal value is 15¢ per doughnut. We can conclude that Homer
a. places a value of 3¢ on each doughnut he owns. b. needs to purchase more than 5 doughnuts to reach his optimum. c. receives 75¢ worth of total satisfaction from his 5 doughnuts. d. would refuse to pay more than 15¢ for a sixth doughnut.
A firm is generally more interested in marginal profits than in total profits.
Answer the following statement true (T) or false (F)
Third-degree price discrimination involves
A) charging each consumer the same two part tariff. B) charging lower prices the greater the quantity purchased. C) the use of increasing block rate pricing. D) charging different prices to different groups based upon differences in elasticity of demand.
A multinational organization dedicated to providing financial and technical assistance to developing countries is called the:
A. World Bank. B. United Nations Development Plan. C. International Monetary Organization. D. World Trade Organization.