In the United States, currency includes
A) gold, silver, and paper money.
B) checking and savings account deposits.
C) paper money and coins in circulation.
D) traveler's checks.
Answer: C
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Countries where investment is
A) relatively unproductive should have current account deficits. B) relatively productive should have current account surpluses. C) relatively productive should have current account deficits. D) relatively productive should have balanced current accounts. E) relatively unproductive should have balanced current accounts.
Conflict resolution of the stockholder-lender conflict in larger banking-oriented firms is most effectively accomplished by
A) financial intermediation (monitoring). B) financial intermediation (ownership consolidation). C) corporate governance. D) None of the above.
If periodic use of a resource can be continued indefinitely, that resource is said to be
a. removable b. renewable c. cyclical d. recyclable e. part of a common pool
The concept or term that refers to the notion that all variables except those under immediate consideration are held constant for a particular analysis is known as ____________. (check all that apply)
a. the generalizations assumption b. the other-things-equal assumption c. laissez faire d. ceteris paribus e. the scientific method