Savers and investors interact through intermediaries in financial capital markets.

Answer the following statement true (T) or false (F)


True

Economics

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Suppose Kaylee withdraws $4,000 from her bank. If the reserve ratio is 25 percent, then this will lead to a decrease in M1 of:

A. $1,000. B. $4,000. C. $8,000. D. $12,000.

Economics

A standard which came to the market first, such as the QWERTY letter layout in typewriters, can become entrenched (this layout is still used for computer keyboards today). What is this phenomenon called?

A) network externalities B) path dependency C) sunk cost D) comparative advantage

Economics

In the above table, there are no taxes and no imports or exports. The equilibrium level of expenditure for this economy is

A) any level because investment always equals government expenditures. B) no level because consumption expenditure is always less than real GDP. C) $3,000. D) $5,000.

Economics

People who are in the process of changing jobs are counted as

A. frictionally unemployed. B. underemployed. C. structurally unemployed. D. cyclically unemployed.

Economics