Which of the following people are liquidity providers?
A. Antiques dealer
B. Bank teller
C. Used car salesman
D. All of these are considered liquidity providers.
Answer: D
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If N is the working-age population, Q is the labor force, and U is the number of unemployed, then the employment/population ratio is measured as
A) N/Q B) U/Q C) (Q-U)/N D) Q/N
Explain what may occur when a buyer and a seller have unequal amounts of limited information. Describe two different types of problems that may arise when asymmetric information exists
What will be an ideal response?
Transfer payments to individuals are about _____ percent of total government spending.
Fill in the blank(s) with the appropriate word(s).
The difference between actual and potential GDP is called
A. an output gap. B. the output differential. C. a gap shortage. D. the output resistance.