The return received by the owners of capital is called the ________________________.
Fill in the blank(s) with the appropriate word(s).
interest rate
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A provision of the Dodd-Frank Act of 2010 revised the Federal Reserve Act to
A) restrict the Fed's ability to make loans except to commercial banks. B) allow the Fed to buy commercial paper issued by nonfinancial firms. C) allow the Fed to make loans to investment banks. D) allow the Fed to make loans to any individual, partnership, or corporation in unusual and exigent circumstances.
When banks involved in trading activities attempt to outguess markets, they are
A) forecasting. B) diversifying. C) speculating. D) engaging in riskless arbitrage.
Binding price floors cause a surplus in the market
a. True b. False Indicate whether the statement is true or false
An import quota imposed by the U.S. would reduce U.S. imports, but have no impact on U.S. exports
a. True b. False Indicate whether the statement is true or false