__________ make(s) it easy for small savers to diversify their portfolios
A) Direct finance
B) Traded securities
C) Regulation Q
D) Financial intermediaries
D
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Suppose Bank A holds $50,000 in deposits with other banks. In the balance sheet, this amount will be accounted as Bank A's:
A) cash equivalents. B) short-term borrowing. C) long-term investments. D) reserves.
A good deal of iron ore is mined in Michigan's Upper Peninsula. What is the relationship between the demand for iron ore and the cost of mining operations in Michigan?
A) Changes in the demand for iron ore are caused directly by changes in the cost of iron mining. B) Changes in the costs of iron mining are caused by changes in the demand for iron ore. C) There is no significant relationship because the demand for iron ore is determined by many different people, while the cost of mining the ore is determined by business executives. D) Nobody knows.
Which of the following factors are considered by economists who study economic development to be directly related to the rate of economic growth?
A) plentiful natural resources B) openness to international trade C) an educated population D) All of the above are correct.
Which of the following expenditures would be included in GDP for this year?
a. The purchase of a new car. b. The purchase of a new tire by General Motors for a new car. c. The purchase of a used car. d. All of these would be included.