By far the largest category of goods and services in the CPI basket is
a. housing.
b. transportation.
c. education & communication.
d. food & beverages.
a
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A lender who is worried that its cost of funds might rise during the term of a loan it has made can hedge against this rise by
A) buying futures contracts on Treasury bills. B) selling futures contracts on Treasury bills. C) buying call options on Treasury bills. D) increasing the amount of money which it lends.
The interest rate that banks charge when they lend each other their excess reserves is called the _____ rate.
Fill in the blank(s) with the appropriate word(s).
If there is a technological advance that lowers the cost of producing x-ray machines, then we can say that the
A. quantity supplied of those machines will go up. B. quantity demanded for those machines will increase. C. demand for those machines will shift right. D. quantity supplied of those machines will decrease.
What branch of economics is concerned with the effects of nutrition labeling on the dietary quality of consumers (i.e., what-if types of questions)?
What will be an ideal response?