Which of the following are bank assets?
A) the building owned by the bank
B) a discount loan
C) a negotiable CD
D) a customer's checking account
A
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A unique feature of an oligopolistic industry is
A. large number of producers. B. standardized products. C. mutual interdependence. D. low barriers to entry.
Which of the following will happen if consumption in an economy falls?
A) Firms' revenue fall. B) Labor supply falls. C) Mortgage defaults fall. D) Asset prices rise.
Which of the following is an interest rate determined by the supply and demand for loans among commercial banks?
A) The discount rate B) The federal funds rate C) The prime rate D) The commercial paper rate
The World Trade Organization is designed to do the following except:
A. enforce trade agreements between nations. B. monitor trade agreements. C. ensure that trade doesn't adversely affect the environment. D. promote free trade internationally.