Which of the following terms describes a financial instrument which pools the deposits of many investors together and invest them in a safe way like short-term government bonds?
a. Money market funds
b. Savings deposits
c. Time deposits
d. Certificates of deposit
a. Money market funds
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Which of the following will not increase a nation's real GDP?
A. number of workers B. average price level C. technological progress D. labor productivity
In a closed economy,
A) I = Y + C + G. B) I = Y - C - G. C) I = Y - C + G. D) I = Y + C - G.
The price index that measures the cost of a basket of goods and services bought by firms is called the
a. industrial price index. b. producer price index. c. core price index. d. GDP deflator.
The production possibilities curve shifts outward in response to:
A.) A decline in technology or more resources or both. B.) A decline in technology or fewer resources or both. C.) Improved technology or more resources or both. D.) Improved technology or fewer resources or both.