The minimum-leverage-ratio approach to capital adequacy requirements
A) has been dominant since the 1930s.
B) was phased out in the 1990s.
C) was adopted in the 1990s.
D) has never been implemented.
B
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The majority of American workers are employed in the manufacturing sector.
Answer the following statement true (T) or false (F)
If the FOMC decides that the Fed should buy bonds it
A) instructs the New York Federal Reserve Bank's trading desk to buy them. B) asks the Congress for permission to buy them. C) requires the permission of the Financial Oversight Committee. D) requires the President's signature on the buy order.
Refer to Table 1-3. What is Santiago's marginal cost if he decides to stay open for an extra two hours instead of one hour?
A) $18 B) $36 C) $38 D) $102
Intended investment is
a. always greater at a national income of $800 billion than at a national income of $500 billion b. always smaller at a national income of $500 billion than at a national income of $800 billion c. directly proportional to consumption spending d. independent of the level of national income e. always equal to intended saving