What is an important difference between certificates of deposits (CDs) worth less than $100,000 compared to those worth $100,000 or more?
What will be an ideal response?
CDs of $100,000 or more are negotiable in that they can be traded in secondary markets prior to maturity.
You might also like to view...
Marginal product of labor refers to the
A. change in total product resulting from employing one more unit of labor. B. total product divided by the number of units of labor employed. C. smallest amount of output produced by labor. D. last unit of output produced by labor at the end of each period.
An increase in labor demand accompanied by a decline in labor supply cannot result in a decline in wages.
Answer the following statement true (T) or false (F)
The most obvious benefit of specialization and trade is that they allow us to
a. work more hours per week than we otherwise would be able to work. b. consume more goods than we otherwise would be able to consume. c. spend more money on goods that are beneficial to society, and less money on goods that are harmful to society. d. consume more goods by forcing people in other countries to consume fewer goods.
The ________ is a commonly used measure of the degree of inequality in an income distribution.
A. utility possibility frontier B. Gini coefficient C. Herfindahl-Hirschman index D. Lorenz curve