The Fed
A) can examine the books of a member bank without warning.
B) can examine the books of a member bank after giving advance notice.
C) can examine the books of a member bank with the bank's permission.
D) is never allowed to see the books of a privately owned bank.
A
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Moving along a country's PPF, a reason opportunity costs increase is that
A) unemployment decreases as a country produces more and more of one good. B) unemployment increases as a country produces more and more of one good. C) technology declines as a country produces more and more of one good. D) some resources are better suited for producing one good rather than the other. E) technology must advance in order to produce more and more of one good.
All of the following are ways that the government can correct for positive externalities EXCEPT
A) by subsidizing the consumption of the good. B) producing the good itself. C) by regulation. D) by assessing an effluent fee.
Suppose you are testing the statistical significance (at the 5% significance level) of a parameter estimate from the regression equation: Y = a + bR + cS + dWwhich is estimated using a time-series sample containing monthly observations over a 30-month time period. The critical value of the appropriate test statistic is
A. Fcritical = 7.76. B. Fcritical = 4.22. C. tcritical = 2.042. D. tcritical = 2.056.
The most liquid asset is
A. gold. B. a vehicle. C. stocks of a highly profitable company. D. money.