When financial institutions borrow from the Federal Reserve, this is called
A. open market operations.
B. borrowing on margin.
C. using the discount window.
D. fiscal policy.
Answer: C
You might also like to view...
If labor is a firm's only variable input, marginal cost ultimately depends on
a. fixed cost b. how much profit is made c. the price of the good produced d. how much output each worker produces e. fixed cost per unit
What is a credit union?
(A) A modified type of savings and loan that makes loans for housing. (B) A bank that specializes in retirement savings accounts. (C) A bank that takes deposits but does not make loans (D) A cooperative lending institution for a particular group.
An industry with Herfindahl-Hershman Index of 10,000 would best be described as
A. oligopoly. B. perfect competition. C. monopolistic competition. D. monopoly.
Suppose coffee is sold in a monopolistically competitive market, where coffee is differentiated by coffee shop location. As firms enter in the long run and the price of coffee falls:
A. the market quantity of coffee demanded will increase, but the quantity of coffee supplied by any individual coffee shop declines. B. the market quantity of coffee demanded will decrease as does the quantity supplied from any individual coffee shop. C. the average costs of production decline. D. the profits of individual coffee shops increase.