Before 2008, money market mutual funds and hedge funds had been out of Fed's scope and control because they did not rely on customer deposits
a. True
b. False
Indicate whether the statement is true or false
True
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In the figure above, ________ is a technologically efficient point
A) d B) f C) g D) None of the selections is correct.
Which of the following statements is false?
A) Within each country, some individuals are made better off as a result of international trade, but one of the countries will be worse off overall. B) Although some individuals may not be made better off as a result of international trade, both countries may be made better off overall. C) Each country as a whole is made better off as a result of international trade, but individuals within each country may be made worse off. D) Not all individuals in both countries are made better off as a result of international trade.
The RBC model tells us that
A) as the real wage rate rises, the amount of labor supplied and thus output produced falls. B) as the price level rises, the real wage rises, thus raising the amounts of labor supplied and output produced. C) as the real interest rate rises, the amount of labor supplied and thus output produced rises. D) as the price level rises above the expected price level, actual output rises above the natural real GDP.
If the world price of steel is greater than the U.S. "no-trade" domestic equilibrium price of steel, the United States:
a. will not produce steel. b. will demand steel from the rest of the world. c. will supply steel to the rest of the world. d. will not trade in steel. e. will have a shortage of steel in the domestic market.