Credit risk is the risk that
A) an insufficient number of borrowers will apply for loans or credit.
B) interest rates will rise after a loan has been granted.
C) interest rates will fall after a loan has been granted.
D) borrowers might default on their loans.
D
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The American Recovery and Reinvestment Act of 2009 ________
A) was a result of the Obama administration adopting an activist approach to policymaking B) is still being debated after the fact in terms of its effectiveness C) was supported by some economists, and opposed by as many economists D) all of the above E) none of the above
Suppose a computer manufacturer purchases a $100 case from a supplier, a $300 computer chip from another supplier, and sells the computers for $1000 . How much did the company contribute to GDP?
a. $1000 b. $900 c. $700 d. $600 e. $400
If the consumer price index decreased from 1.66 to 1.59, then it must be the case that ________ relative to prices in the base year.
A. some prices rose and some prices fell B. the weighted average level of prices rose C. the weighted average level of prices fell D. all prices fell
In 2011, which country had the highest level of GDP per hour of work?
A. Spain B. The United Kingdom C. France D. Japan