Financial intermediaries are best described as:
a. informal institutions that provide funds to the government to manage budget deficits.
b. institutions that accept deposits and make loans.
c. institutions that control the money supply in the economy.
d. institutions that provide financial aid to foreign countries.
e. individuals who manage other's investment portfolios.
b
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What is the goal of fiscal policy, and what tools have policymakers traditionally used to conduct fiscal policy?
What will be an ideal response?
If U.S. consumers increase their demand for apples from New Zealand, then other things the same New Zealand's
a. imports and net exports rise. b. imports rise and net exports fall. c. exports and net exports rise. d. exports rise and net exports fall.
Which of the following best defines final-offer arbitration?
A. An arbitrator produces a contract that the union and firm are both encouraged to accept. B. An arbitrator chooses the firm's last offer or the union's last offer, and both sides must abide by whichever contract is chosen. C. After a short strike, the union offers a final contract to the firm that the firm must accept. D. Final-offer arbitration occurs when the firm threatens to shut down unless the union accepts the firm's final offer. E. An arbitrator facilitates a discussion between the union and firm after the cool-down period has expired.
Suppose the price of beef fell dramatically as the price of feed grain decreased. Use the income effect and the substitution effect to explain why there was an increase in the quantity of beef purchased
Please provide the best answer for the statement.