Many years ago, the traditional mortgage loan structure specified
A. a variable interest rate.
B. an initial loan-to-value ratio of 80%.
C. a down payment of 100%.
D. all of the option are correct.
Answer: B
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Refer to the below graphs. (Assume that the pre-migration labor force in Country A is 100 and that it is 150 in country B.) What part of domestic output in country A is the total wage bill before and after the immigration?
A. $500M before and $800M after
B. $500M before and $100M after
C. $400M before and $100M after
D. $400M before and $500M after
Politicians always agree with economists about the most efficient way of doing things
a. True b. False Indicate whether the statement is true or false
If reserves increase by $5 million, what is the difference in the resulting change in checkable deposits when the required reserve ratio is 12.5 percent compared to when it is 10 percent?
A) $12.5 million B) $10 million C) $2.5 million D) $100 million
According to the law of demand, a decrease in the price of a good causes
A) a rightward shift of the demand curve for that good. B) a leftward shift of the demand curve for that good. C) an upward movement along the demand curve for that good. D) a downward movement along the demand curve for that good.