A "money market deposit account" is a(n)
A) checking account that pays no interest.
B) bank account with a specified maturity date.
C) store of Federal Reserve Notes held in bank vaults to cash checkable deposits on demand.
D) checking account created from an automatic transfer from a savings account.
E) interest-earning account at a bank or thrift institution that usually has a minimum balance requirement.
E
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The exclusive privilege to use an asset is called a(n)
A) property right. B) exclusive use agreement. C) property privilege. D) right to work privilege.
Other things constant, a decrease in resource prices will lead to
a. reduced profits and a reduction in short-run aggregate supply. b. increased profits and a reduction in short-run aggregate supply. c. reduced profits and an increase in short-run aggregate supply. d. increased profits and an increase in short-run aggregate supply.
Which of the following is an example of a factor payment?
a. The U.S. government pays Sunset Farms a subsidy of $1 million per year. b. Yves is an entrepreneur who earns a profit of $2 million for putting capital together for a firm. c. Alchemy Chemicals uses $500,000 to replace worn out equipment. d. Healthy Grocers pays $750,000 to increase its stock of organic preserves.
Use the following table to answer the next question.Current AccountFinancial AccountCapital Account-$753,438 $30,696This country has a ________.
A. deficit in the financial account B. trade surplus C. surplus in the financial account D. deficit in the capital account