Without contracts, what type of transactions would occur?
A) forward purchases.
B) lateral purchases.
C) spot transactions.
D) side bars.
C
Economics
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Real income will rise from one year to the next if nominal income
A. rises and the price level rises faster. B. falls and the price level falls faster. C. falls faster than the price level. D. falls and the price level rises.
Economics
Which one of the following is NOT a component of aggregate demand?
A) investment expenditures B) government purchases C) consumption spending D) merchandise inventories
Economics
Which of the following represents positive economics?
a. Policy A is fair. b. Outcome B is the best objective to achieve. c. If policy A is followed, then outcome B results. d. All of these.
Economics
The Fed's objectives have remained the same since its inception
a. True b. False
Economics