In an options contract, another name for the strike price is the
A) market price.
B) exercise price.
C) equilibrium price.
D) fixed price.
B
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Three policy lags limit the effectiveness of monetary policy: recognition lags, implementation lags, and impact lags. Of these three policy lags, fiscal policy is impacted by
A) only implementation and impact lags. B) only recognition and implementation lags. C) only recognition and impact lags. D) all three policy lags.
If there is excess money supply, people will
a. deposit more into interest-bearing accounts, and the interest rate will fall. b. deposit more into interest-bearing accounts, and the interest rate will rise. c. withdraw money from interest-bearing accounts, and the interest rate will fall. d. withdraw money from interest-bearing accounts, and the interest rate will rise.
Describe the three major units of the Federal Reserve System and their functions.
What will be an ideal response?
How does innovation differ from invention? Why is innovation required for economic growth?
What will be an ideal response?