Financial capital is
A) the collection of stock and bond exchanges around the country.
B) funds used to purchase capital goods.
C) the foreign exchange market.
D) assets of financial institutions.
B
You might also like to view...
Suppose that a new study is released stating that consumption of orange juice (a substitute for apple juice) reduces the risk of cancer, and a major freeze destroys half of the country's apple cro
A) The price of apple juice might rise or fall and the quantity of apple juice falls. B) The quantity of apple juice might rise or fall, and the price of apple juice rises. C) The price of apple juice falls and the quantity of apple juice falls. D) The price of apple juice might rise or fall and the quantity of apple juice rises.
Discretionary fiscal policy works by shifting the aggregate demand curve
a. True b. False Indicate whether the statement is true or false
Mutual funds
a. provide diversification. Shareholders assume all of the risk associated with the mutual fund. b. provide diversification. Government insurance eliminates the risk of mutual fund shareholders. c. do not provide diversification. Shareholders assume all of the risk associated with the mutual fund d. do not provide diversification. Government insurance eliminates the risk of mutual fund shareholders.
An adverse supply shock shifts the short-run Phillips curve to the
a. right. This means the unemployment rate is higher at each inflation rate. b. right. This means the unemployment rate is lower at each inflation rate. c. left. This means the unemployment rate is higher at each inflation rate. d. left. This means the unemployment rate is lower at each inflation rate.