Money market instruments are ________ term and ________ relative to capital market instruments
A) long; risky
B) short; risky
C) short; less risky
D) long; less risky
C
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If Slick Shades, a sunglasses manufacturer, merges with Best Lens, a lens manufacturer, and the combined firm is able to reduce the number of accounting departments from two to one, the merger created ________.
A) managerial diseconomies B) technological interdependencies C) synergies D) a hold-up problem
People's skepticism about central bankers' announcements of their intentions stems from the fact that policymakers may act in a fashion that is time inconsistent
a. True b. False Indicate whether the statement is true or false
If a basket of goods costs $100 in the United States and 300 pesos in Mexico, and if the exchange rate is $1 = 5 pesos, then the dollar price of the basket of goods in Mexico is:
a. $250. b. $56. c. $60. d. $75.
The benefit of a price floor to ________ is ________.
A. consumers; the floor creates excess supply B. producers; the selling price of the product is above the equilibrium price C. consumers; the selling price of the product is below the equilibrium price D. producers; the floor creates excess demand