Decisions have history. The _________ Model shows the importance of reference groups
a. Re-invent
b. Elbing
c. Chain
d. Central-satellite
B
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In modern economies,
A) restrictions on international labor mobility are common. B) labor is far more mobile internationally than capital. C) restrictions on international labor mobility are rare. D) labor is far more mobile internationally than it is intra-nationally. E) outsourcing increases international labor mobility.
The federal funds rate and the quantity demanded of reserves have a(n) ____________ relationship. This is because as the federal funds rate moves down, it becomes _______________ for banks to hold reserves, encouraging banks to hold ____________ in reserves to guard against checkable deposit withdrawals
A) inverse; more expensive; more B) direct; more expensive; less C) inverse; cheaper; more D) direct; cheaper; more
If imports are greater than exports, then the difference between them will be added to other expenditures to calculate GDP.
Answer the following statement true (T) or false (F)
Table 14.1Monetary Aggregates of the U.S. Financial SystemItemAmountCash held by public$250 billionTransactions deposits$1,000 billionRequired reserves$150 billionExcess reserves$0 billionU.S. bonds held by public$1,000 billionAssume an original balance sheet: The level of total reserves in Table 14.1 is
A. $1,150 billion. B. $400 billion. C. $150 billion. D. $250 billion.