From a macroeconomic perspective, an economic transaction in the form of a financial investment is synonymous with which of the following?
a. a productive economic asset
b. trade resulting from unilateral transfers
c. trade in the financial capital market
d. a stream of payments leaving the country
c. trade in the financial capital market
You might also like to view...
Refer to Table 7-6. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many swords will Morocco gain compared to the "without trade" numbers?
A) 0 B) 15 C) 60 D) 75
When a firm is earning zero economic profits
A) accounting profit is zero. B) total revenue is greater than total cost. C) P = ATC. D) P is greater than ATC.
. Until 2008, the Fed could make the market federal funds rate equal the target rate by:
A. setting the discount rate below the federal funds rate. B. entering the federal funds market as a borrower or a lender. C. paying higher interest on reserves. D. mandating that all loans be transacted at the target rate.
The practice of making choices using generalizations based on observable characteristics like race, gender, or age is called:
A. discrimination. B. conditional cash transfers. C. means-testing. D. None of these is true.