Banks' borrowed funds come mostly from:
A. Buying bonds and loans
B. Buying stocks and selling Treasury bonds
C. Issuing stocks and buying Treasury bonds
D. Issuing bonds and accepting deposits
D. Issuing bonds and accepting deposits
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Refer to Table 15-5. Suppose the table above illustrates the values of real and potential GDP and the price level if the Fed does not vote to change their current policy to be more contractionary or expansionary
Suppose that the Fed uses an appropriate policy and is successful in keeping real GDP at potential in 2017. State whether each of the following will be higher or lower than if the Fed had taken no action: a. Real GDP b. Potential real GDP c. The price level d. The unemployment rate
Which of the following is an injection in an open economy?
a. Saving b. Imports c. Exports d. Taxes e. Money
Traditionally, the major objection to flexible rates was that they ______.
a. introduce considerable uncertainty into international trade b. were controlled solely by the U.S. government c. require special financial borrowings or reserve movements d. can result in currency shortages
Table 12-1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units. Refer to Table 12-1. What is the fixed cost of production?
A. $500 B. $0 C. $500 D. $1,000 E. It cannot be determined