Dealers get much of their government securities inventories
A) through direct transfers from the Treasury.
B) through direct transfers from the Federal Reserve.
C) bidding at competitive auctions.
D) through purchases from commercial banks.
C
You might also like to view...
The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Under the Gramm-Leach-Bliley Act states retain regulatory authority over
A) bank holding companies. B) securities activities. C) insurance activities. D) bank subsidiaries engaged in securities underwriting.
What best describes changes in sectors in the US?
a. Agriculture was the chief generator of income in the United States until the decade of the 1880s. b. The number of people employed in manufacturing passed the number employed in agriculture shortly after the War of 1812. c. The percentage of the US labor force employed in agriculture increased slowly until the Civil War and declined from then to the present time. d. The current number of people employed in the government sector is about the same as the number of people employed in the service sector.
If an industry has 25 firms that collectively have $150 million in total sales and the top four firms in this industry account for $90 million in sales, what is the concentration ratio of the top four firms in this industry?
A. 70 percent B. 80 percent C. 60 percent D. 42 percent