Which of the following federal agencies is engaged in social regulation?
A) Equal Employment Opportunity Commission
B) Office of the Comptroller of the Currency
C) the Securities and Exchange Commission
D) Federal Deposit Insurance Corporation
A
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Which of the following is likely to happen to the demand curve for reserves if the federal funds rate increases?
A) The demand curve for reserves will shift to the right. B) The demand curve for reserves will shift to the left. C) There will be an upward movement along the demand curve for reserves. D) There will be a downward movement along the demand curve for reserves.
Suppose Jack and Kate are at the town fair and are choosing which game to play. The first game has a bag with four marbles in it-1 red marble and 3 blue ones. The player draws one marble from the bag; if it is red, they win $20 and if it is blue, they win $1. The second game has a bag with 10 marbles in it-1 red, 4 blue, and 5 green. The player draws one marble from the bag; if it is red, they win $20; if it is blue, they win $5; and if it is green, they win $1. Both games cost $5 to play. The expected value of the payoff is _____ for the first game and _____ for the second game.
A. $5.00; $4.50 B. $5.75; $4.50 C. $4.50; $5.75 D. $5.75; $5.25
Suppose that Venezuela experiences significant capital outflows after a recent election. If the nation had flexible exchange rates, these flows would have had the following effect on the nation's financial account and reserves account
a. Financial account would rise and reserves account would fall. b. Financial account would not change and reserves account would fall. c. Financial account would fall and reserves account would not change. d. Financial account would fall and reserves account would fall. e. Financial account would fall and reserves account would rise.
U.S. prices rose at an average annual rate of about 3.6 percent over the last 80 years
a. True b. False Indicate whether the statement is true or false