The two most important categories of assets on the Fed's balance sheet are ________ and ________ because they earn interest
A) discount loans; coins
B) securities; discount loans
C) gold; coins
D) cash items in the process of collection; SDR certificate accounts
B
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An economist estimated the cross-price elasticity for peanut butter and jelly to be +1.5 . Based on this information, we know the goods are
a. inferior goods. b. complements. c. inelastic. d. substitutes.
What has been the economic effect of U.S. immigration in the last two decades?
a. Wages for low-skill jobs have declined. b. Wages for low-skill jobs have increased. c. The supply curve for unskilled labor has shifted to the left. d. Demand for skilled and unskilled labor has increased.
Politicians will often be able to gain from support of trade restrictions because
What will be an ideal response?
Consider the following two assets with probability of return = Pi and return = Ri. Calculate the expected return for each and the standard deviation. Which one carries the greatest risk? Why?
What will be an ideal response?