When U.S. banks borrow from one another, they must pay the
A) discount rate.
B) prime rate.
C) Fed funds rate.
D) Interbank Offer Rate.
C
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Corporate takeovers of a firm occur
A. when one firm’s market share for their product goes to zero. B. when a group acquires sufficient stock in a firm to take control of the firm’s operations. C. when a new chief executive officer replaces the previous chief executive. D. when a corporation issues new shares of stock.
Which of the following will create a demand for or a supply of currencies?
a. Trade in goods b. Trade in services c. Trade in financial instruments d. Any of the above.
In terms of GDP, which of the following is an example of a final good?
a. rubber used to make automobile tires b. a tomato ready to be sold at a farmer’ s market c. tungsten mined to Utah d. oil drilled in the Gulf of Mexico
The Nasdaq Composite Index is:
A. made up of over 50,000 firms traded on the Over-the-Counter market. B. the most broadly based index in use. C. a price-weighted index. D. made up of mainly newer firms, and heavily influenced by technology and internet companies.