The value of the discount weight used to translate utils into current utils is:
A) one.
B) less than one.
C) greater than one but less than two.
D) greater than one but less than three.
B
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Under the Federal Reserve Act, which banks must be members of the Federal Reserve System?
A) all commercial banks B) national banks C) state banks D) all banks with capital in excess of $100 million
Corporations can finance their activities through the sale of new stocks but are legally prohibited from selling bonds.
Answer the following statement true (T) or false (F)
If the CPI in the United States was 150 in 2003 and 160 in 2004, the inflation rate over the year is _____
a. 10 percent b. 20 percent c. 7 percent d. 30 percent e. 50 percent
Suppose that demand for portable power banks increases, and simultaneously, the supply of portable power banks increases. Which of the following would you conclude definitely will occur in the market for portable power banks?
A) The market clearing price will rise. B) The market clearing price will fall. C) The equilibrium quantity will rise. D) The equilibrium quantity will fall.