The net worth of a bank is defined as the difference between
a. income and expenses.
b. assets and liabilities.
c. loans and deposits.
d. loans and reserves.
b
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The efficient markets hypothesis predicts that an investor
A) will not be able consistently to earn above-normal profits from buying or selling stocks. B) will be able consistently to earn above-normal profits from buying or selling stocks so long as he or she makes use of rational expectations. C) will be able consistently to earn above-normal profits from buying or selling stocks so long as he makes use of adaptive expectations. D) will be able consistently to earn above-normal profits so long as stock prices in general are rising.
To prevent demand-pull inflation...
What will be an ideal response?
Calculate the total change in spending because of an initial $100 increase in aggregate demand, given that the MPC = 0.60.
A. $100 decrease. B. $60 increase. C. $250 increase. D. $100 increase.
Elasticity of demand is calculated by dividing the change in quantity by the change in the price of a good.
Answer the following statement true (T) or false (F)