Mutual funds are primarily held by
A) financial institutions.
B) households.
C) nonfinancial businesses.
D) the Social Security trust fund.
B
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If you pay $17,500 for a $20,000 face value one-year Treasury bill, what is the rate of interest you will receive?
A) 8.75% B) 11.43% C) 12.5% D) 14.29%
Sebastian drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.50 per can. On a particular day, he is willing to pay $0.95 for the first can, $0.80 for the second can, $0.60 for the third can, and $0.40 for the fourth can. Assume Sebastian is rational in deciding how many cans to buy. His consumer surplus is
a. $0.50. b. $0.85. c. $1.05. d. $1.20.
Which one of the following is a tool of monetary policy for altering the reserves of commercial banks?
a. Budget surplus or budget deficit b. Federal Reserve Notes c. Treasury deposits d. Reserve ratio
Suppose there are 1000 identical wheat farmers. For each, TC = 10 + q2 Derive the market supply curve
What will be an ideal response?