When you deposit funds in a bank and then the bank lends these funds to a borrower, the bank is engaged in

Two reasons savers keep deposits at banks are to:

A. lower interest rates and to increase the money supply. B. equalize loan supply and demand and to earn interest. C. earn a return on their savings and to facilitate making payments. D. secure mortgages and to purchase stocks.

Suppose that the chain-weighted index for GDP in Gambia was 275 in 2015 and 350 in 2016. The inflation rate between those two years was approximately

A) 20.2 percent. B) 27.3 percent. C) 37.5 percent. D) 75 percent.

Between 1955 and 2006, the federal government purchases of goods and services as a percentage of GDP has:

a. generally trended downward b. Not changed. c. Grown by about 10%. d. Tripled.

The following table provides nominal exchange rates for the U.S. dollar.CountryForeign currency/dollarDollar/foreign currencySwitzerland(franc)1.730.578Brazil(real)1.821.549Based on these data, the nominal exchange rate equals approximately ________ reals per Swiss franc or, equivalently, ________ Swiss francs per real.

A. 3.551; 0.282 B. 0.950; 1.053 C. 0.282; 3.551 D. 1.053; 0.950