If the Fed raises the interest rate, in the foreign exchange market the demand for the U.S. dollar increases
Indicate whether the statement is true or false
TRUE
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Deposit insurance has been __________ in achieving its goals of preventing runs and __________
A) successful; protecting small investors B) successful; protecting large investors C) unsuccessful; protecting small investors D) unsuccessful; protecting large investors
The impact of the Great Recession is clear when one observes negative Real GDP growth for
A. all of the years from 2007 to 2010. B. 2008 only. C. 2008 and 2009. D. 2009 only.
Which of the following functions of government gives property owners the incentive to use their property efficiently?
A) making sure that courts are lenient on people who steal private property B) the protection of property rights C) the enforcement of antitrust legislation D) the financing of public goods
An asset is
A) anything of value owned by a person or a firm. B) a payment by a corporation to its shareholders. C) a nonmonetary opportunity cost. D) anything owed by a person or a firm.