Figure 33-4
?
Which panel in Figure 33-4 shows what happened in 2007–2009?
A. 1
B. 2
C. 3
D. 4
Answer: A
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The Federal Reserve System is:
A. the agency of the U.S. government that insures commercial bank deposits. B. a group of twelve commercial banks. C. the central bank of the United States. D. the branch of the U.S. Treasury that keeps the U.S. gold reserves.
The law of demand includes the statement "other things being equal." These other things include all of the following EXCEPT
A) the price of that good in the law of demand. B) consumers' income. C) consumers' tastes and preferences. D) the number of potential buyers.
What type of person would you expect to have the shortest indenture?
a. 13 year-old male craftsman who went to New England b. 22 year-old male laborer who went to the West Indies c. 20 year-old male farm worker who went to the South d. 21 year-old male carpenter who worked in the West Indies
A tradesman who purchases diamonds in a country where the price is low and sells them in another country where the price is high, can be said to be practicing:
a. arbitrage. b. speculation. c. derivatives trading. d. forecasting.