A liquidity provider is someone who:
A. helps make a market more liquid by being always ready to buy or sell an asset.
B. works at a bank and specializes in loans.
C. works in the financial system.
D. invest in the economy.
A. helps make a market more liquid by being always ready to buy or sell an asset.
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Which of the following transactions would count in GDP?
a. Kerry buys a new sweater to wear this winter. b. Patricia receives a Social Security check. c. Roberto gives his daughter $50 for her birthday. d. Latika sells $1,000 of Google stock. e. Karen buys a new car. f. Amy buys a used car.
The growth of the Euromarkets resulted in
a. developing-country governments borrowing from European banks instead of American and Japanesebanks b. higher interest rates in Europe than in the U.S. and Japan c. a general trend toward substituting foreign aid for bank lending d. a general trend toward substituting bank lending for foreign aid e. none of the above
Representative money is
a. accepted on faith. b. found in M1 and M2 money measures. c. today in the form of check able deposits. d. redeemable for a commodity.
The foreign exchange market is the market in which:
A. ideas from different countries are exchanged. B. currencies of different countries are bought and sold. C. foreign stocks and bonds are bought and sold. D. foreigners buy U.S. real estate.