In some areas, local appraisers have formed ________________________.
Fill in the blank(s) with the appropriate word(s).
Answer: data cooperatives
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The ________ rate is the interest rate at which the Fed lends ________ to depository institutions
A) discount rate; reserves B) discount rate; gold C) federal funds rate; deposits D) federal funds rate; reserves
The law of demand implies, holding everything else constant, that as the price of bagels increases
A) the demand for bagels will decrease. B) the demand for bagels will increase. C) the quantity of bagels demanded will increase. D) the quantity of bagels demanded will decrease.
Basically, the marginal principle helps us to evaluate the factors involved in taking an action or if doing something is worth the effort.
Answer the following statement true (T) or false (F)
If a family's MPC is 0.7, it means that the family is:
A. Operating at the break-even point B. Spending seven-tenths of any increment to its income C. Necessarily dissaving D. Spending 70 percent of its disposable income