The interest rate is the
a. rate of investment.
b. price of credit.
c. rate of return on investment in capital goods.
d. expected rate of inflation.
b
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Linder's hypothesis says that countries with ________ of preferences will trade intensively with each other
A) differences B) utility C) similarity D) elasticity
How does a sterilized intervention by the Fed in foreign exchange market differ from an unsterilized intervention?
What will be an ideal response?
The endowment effect is the tendency:
A. to place a higher value on something a person already owns simply because they own it. B. to have a harder time parting with wealth people have held the longer the amount of time they hold it. C. for a person to believe they hold a particular skill because someone told them they do. D. for people to want to bestow their own beliefs on others when making decisions.
Each Federal Reserve district bank is a corporation owned by
a. the member banks in the district. b. the people of the United States. c. the U.S. Department of the Treasury. d. federal securities owners.