Which of the following are examples of financial assets that pay a short-term interest rate?
A. Mortgages and government bonds
B. Saving deposits and checking accounts
C. Stocks and home loans
D. Treasury bonds and foreign bonds
Answer: B
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One reason there is political opposition to international trade is that:
A. not everyone benefits from trade. B. the differences in opportunity costs between countries are small. C. trade does not increase the total value of goods and services produced by a nation. D. the potential gains from specialization and trade are small.
The owner or owners control the day-to-day activities of which of the following types of business?
A) corporations and partnerships B) sole proprietorships and corporations C) partnerships and sole proprietorships D) only corporations
The stronger that consumer demand is for a good or service, other things being equal,
a. the higher its price. b. the lower its price. c. the more stable its price. d. the less stable its price.
The low saving rate in the United States is no cause for concern, so long as people in other countries are saving and are willing to send their savings into the U.S. economy by buying our assets. Comment
What will be an ideal response?