A checkable deposit that pays no interest is known as a
A) demand deposit.
B) certificate of deposit.
C) NOW account.
D) time deposit.
A
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Which of the following would cause the IS curve to shift to the left?
A) an increase in government expenditures B) a decrease in the money supply C) an increase in domestic investment D) a decrease in taxes
An international lender of last resort creates a serious moral hazard problem because ________ and other ________ of banking institutions expect that they will be protected if a crisis occurs
A) depositors; debtors B) depositors; creditors C) borrowers; debtors D) borrowers; creditors
If a binding price ceiling were placed in the market in the graph shown:
A. quantity demanded would exceed quantity supplied.
B. quantity supplied would exceed quantity demanded.
C. the demand curve would have to shift.
D. the supply curve would have to shift.
One of the results of the knowledge economy
A) is that content matters. B) is that the information content of a good can be distinguished from the physical product. C) is that the information content of a good cannot be distinguished from the physical product. D) is that the physical features of the product has become more important.