Impact investing involves investing money in:
A. entire industries to have an overall impact.
B. those economies with the largest finance gap.
C. firms to generate both financial and social returns.
D. None of these statements is true.
C. firms to generate both financial and social returns.
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The cost to a member bank of borrowing from the Federal Reserve is called the:
a. reserve requirement. b. price of securities in the open market. c. discount rate. d. yield on government bonds.
Which of the following is true for a Nash equilibrium of a two-player game?
A. Given another player's strategy stipulated in that Nash equilibrium, a player cannot improve his welfare by changing his strategy, and a Nash equilibrium is always unique in real-world problems. B. The joint payoffs of the two players are highest compared to other strategy pairs. C. Given another player's strategy stipulated in that Nash equilibrium, a player cannot improve his welfare by changing his strategy. D. A Nash equilibrium is always unique in real-world problems.
In the extended classical model, an unanticipated increase in the money supply would cause output to ________ and the price level to ________ in the short run.
A. decrease; decrease B. remain unchanged; increase C. decrease; remain unchanged D. increase; increase
The United States imports cars from Japan. If the United States imposes a tariff on cars imported from Japan
A) U.S. consumers lose and Japanese producers gain. B) U.S. tariff revenue equals the loss of U.S. consumer surplus. C) U.S. consumers lose and U.S. producers gain. D) U.S. car manufacturers gain revenue equal to the revenue lost by Japanese car manufacturers.