Financial intermediaries are institutions that
A. set interest rates.
B. create money.
C. transfer funds in the form of loans from savers to investors.
D. provide checking accounts.
Answer: C
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The U.S. saving rate is
A) rapidly increasing. B) higher than that of most major countries. C) low. D) negative.
The use of pollution charges to reduce pollution confronts the problem of
a. free riders who avoid revealing benefits from abatement. b. determining specific individual damages and appropriate charges associated with pollutants. c. necessarily lowering the price of the products. d. requiring no agency to administer the tax.
The period in which there are no fixed costs is the
A. Implicit run. B. Long run. C. Short run. D. Production run.
Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the dollar in international exchange markets to ________; i.e., the dollar ________ in value against the yen
A) increase; appreciates B) increase; depreciates C) decrease; depreciates D) decrease; appreciates