Because of the large amounts of resources devoted to understanding the nature of financial crises, researchers now feel comfortable making forecasts and do not expect to have any more surprises in the future
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
A country reports that its inflation rate and unemployment rate have both increased. These changes could be the result of
A) a movement downward along the short-run Phillips curve. B) a movement upward along the short-run Phillips curve. C) a downward shift of the short-run Phillips curve. D) an upward shift of the short-run Phillips curve. E) a leftward shift of the long-run Phillips curve.
If Happy Feet chooses to No Ad and Best Nails then chooses to No Ad, Happy Feet earns ________ million in net profit and Best Nails earns ________ million.
Happy Feet wants to prevent Best Nails from entering the nail salon market. The above game tree illustrates the different strategies and corresponding payoffs for the two firms. Both Happy Feet and Best Nails have the same strategies of advertising (Ad) or not advertising (No Ad). The payoffs represent net profit in millions.
A) $1; $4 B) $2; $3 C) $4; $1 D) $5; $1
Fannie Mae and Freddie Mac are important in the mortgage industry because:
a. They regulate banks and make sure their underwriting standards meet strict standards. b. They purchase mortgages, bundle them, insure them, and then sell mortgage-backed securities to investors. c. Their mandate is to develop a secondary market in global mortgage markets. d. They originate mortgages, purchase them, bundle them, insure them, and then sell mortgage-backed securities to investors. e. None of the above.
The table that summarizes the percent of the unemployed who have been unemployed for different lengths of time is called:
A. the duration of unemployment. B. the labor force participation rate. C. structural unemployment D. natural rate of unemployment.