When the discount rate rises, the cost:
a. of loans to bankers, best customers goes up.
b. of loans between banks rises.
c. of international loans rises.
d. to savings and loans of borrowing money from the public falls.
e. to banks of borrowing from the Fed falls.
e
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Using a figure describing both the U.S. money market and the foreign exchange market, analyze the effects of an increase in the U.S. money supply on the dollar/euro exchange rate
What will be an ideal response?
Which of the following correctly identifies a difference between cross-sectional data and time series data?
A. Cross-sectional data is based on temporal ordering, whereas time series data is not. B. Time series data is based on temporal ordering, whereas cross-sectional data is not. C. Cross-sectional data consists of only qualitative variables, whereas time series data consists of only quantitative variables. D. Time series data consists of only qualitative variables, whereas cross-sectional data does not include qualitative variables.
According to real business cycle theory, the primary causes of business cycles are
A) shocks to aggregate demand. B) monetary factors. C) technology shocks. D) waves of self-fulfilling optimism and pessimism.
If the incomes of New Englanders increased and they demanded more tobacco, then tobacco would be:
a. a normal good. b. an inferior good. c. a substitute good. d. a complementary good.