Which of the following is not considered to be a private depository institution?
A. The Federal Reserve.
B. Commercial banks.
C. Mutual savings banks.
D. Savings and loan associations.
Answer: A
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Which of the following does NOT indicate intraindustry trade?
A) Trading Jeeps for Toyotas B) Trading Boeing airplanes for Airbus airplanes C) Trading Bush beer for Heineken beer D) Trading Japanese-made films for Hollywood-made films E) Trading oil for trucks
An options contract
A) confers the rights to buy or sell an underlying asset at a predetermined price by a predetermined time. B) is another name for a futures contract. C) may be written for debt instruments, but not equities. D) may be written for equities, but not for debt instruments.
In the wage setting relation W = PeF(u,z), the variable z does not include which of the following variables?
A) the minimum wage B) unemployment benefits C) the extent to which firms mark up prices over their marginal cost D) all of the above E) none of the above
Refer to the above figure. The figure represents the consumption function for a consumer. Point A represents
A. autonomous consumption. B. positive saving. C. negative consumption. D. zero saving.