What is used to illustrate an independent relationship between two variables?
a. A horizontal or vertical line
b. An upward-sloping curve
c. A downward-sloping curve
d. A hill-shaped curve
a
You might also like to view...
A system in which depository institutions hold reserves that are less than the amount of total deposits is called
A) central banking system. B) required reserve banking. C) fiat money banking. D) fractional reserve banking.
An increase in the domestic real interest rate will tend to cause, other things the same ________
A) a depreciation of the domestic currency B) an increase in the demand for domestic goods and services C) an increase in demand for foreign currencies D) an appreciation of the domestic currency
Which of the following will cause a movement along the aggregate demand curve?
a. A decrease in the price level b. An increase in government purchases c. A decrease in taxes d. An increase in investment spending e. An increase in the interest rate
Checks are cleared internationally by:
a. First, converting them into the home currency, and then sending them to the appropriate government office (e.g., the Department of Treasury). b. Sending them to correspondent banks in the home-currency country and then clearing them through normal channels. c. Sending them to correspondent banks in the home-currency country and then clearing them through "FITS" (i.e., the Foreign International Transfer Service). d. Actually, checks are not cleared internationally. Rather, they are cleared in the country in which they are deposited. e. Sending them to foreign central banks, where they are kept until the end of the year and then settled in bulk with foreign central banks.