The U.S. capital market raises investment finance mainly through
a. Bank loan syndication
b. Commercial bank lending
c. Related party transactions
d. Selling of new shares of stocks and bonds in equity markets
e. None of the above
D
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If loans are $69,000 . excess reserves are $1,400, and demand deposits are $80,000 . then the legal reserve requirement must be
a. 1.75 percent b. 12 percent c. 13.75 percent d. 17.5 percent e. 0.12 percent
A decrease in the expected price of corn would likely do the following to the current supply and demand for corn:
A) increase both the demand and the supply. B) decrease both the demand and the supply. C) increase the demand, but decrease the supply. D) increase the supply, but decrease the demand.
Studies show that as real income has been rising in the United States, the per-capita demand for food has been increasing by
A) much less, which means the demand for food is income inelastic. B) much more, which means the demand for food is income elastic. C) much more, which means the demand for food is income inelastic. D) as much, which means the demand for food is unit elastic. E) none of the above
Refer to the given data. Zabella has a balance of trade (goods):
A. deficit of $10 billion.
B. surplus of $5 billion.
C. surplus of $10 billion.
D. deficit of $5 billion.