An ATS account
A) converts a corporation's checking account balance at the end of the day into an overnight repurchase agreement.
B) is the name given to NOW accounts outside of New England.
C) are negotiable certificates of deposit of less than $100,000.
D) were used during the Great Depression by depositors who had lost faith in conventional checking accounts.
A
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When the demand for a good is inelastic and its price increases, the total revenue from the sale of the good will ________
A) increase B) decrease initially and then increase C) decrease D) not change
Economists who believe that the economy has a strong self-correcting mechanism argued that, after September 11, 2001, the economy needed
a. a quick and expansionary fiscal policy stimulus. b. a quick and expansionary monetary stimulus. c. only a short time to return to equilibrium full employment. d. President Bush to propose a large budget stimulus package.
B. all depository institutions, that is, all commercial banks and thrift institutions
A. corporate bonds. B. Treasury bills, Treasury notes, and Treasury bonds. C. common stock. D. certificates of deposit.
A transfer payment is
a. any non monetary transaction. b. payment for an import. c. payment for land. d. a payment of money in return for which no current goods or services are produced.