A savings deposit is a type of
A) time deposit that is payable on demand.
B) time deposit that earns interest and allows the depositor to write checks payable to other persons.
C) time deposit that does not earn interest but does offer limited check-writing services.
D) interest-earning account at a bank or thrift institution in which funds can be withdrawn at any time without a penalty payment.
E) checkable deposit that also pays interest.
D
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Other things equal, in an open economy, monetary policy to offset a contractionary gap will tend to
a. Lower the exchange value of the dollar and lower net exports. b. Lower the exchange value of the dollar and raise net exports. c. Raise the exchange value of the dollar and lower net exports. d. Raise the exchange value of the dollar and raise net exports.
If the Fed wanted to shift to a restrictive monetary policy and reduce the money supply, it could
a. increase the interest rate paid on excess reserves encouraging banks to extend more loans. b. decrease the interest rate paid on excess reserves encouraging banks to extend more loans. c. decrease the interest rate paid on excess reserves encouraging banks to hold excess reserves rather than extend more loans. d. increase the interest rate paid on excess reserves encouraging banks to hold excess reserves rather than extend more loans.
Discuss how size of government can negatively affect economic growth
Which of the following is an example of FGLS estimation?
A. Dickey-Fuller estimation B. Vector error correction estimation C. Prais-Winsten estimation D. OLS estimation.