The federal funds market is
A. where banks borrow from the Fed.
B. where thrifts borrow from the Federal Home Loan Bank Board.
C. where one depository institution borrows from another.
D. the source of loans for agencies of the federal government.
C. where one depository institution borrows from another.
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When the price level falls, the total quantities of goods and services demanded:
a. decreases. b. stays the same. c. increases. d. increases and then decreases. e. decreases and then increases.
Leaps in productivity growth experienced by China are attributed to
A. loans provided by the Asia Development Bank. B. a high savings rate, human and capital investment and foreign direct investment. C. foreign aid received from industrialized countries. D. the enforcement of intellectual property rights.
A government budget surplus may enable all of the following except
A. A decrease in the money supply. B. A decrease in taxes. C. An increase in income transfers. D. An increase in expenditures on goods and services.
In which year was the poverty rate the lowest?
A. 1960 B. 1973 C. 1984 D. 1993