Net exports for the United States are:
A. Negative if American exports are less than imports.
B. Negative if American exports are greater than imports.
C. Zero if American exports are greater than imports.
D. Positive if American exports are less than imports.
A. Negative if American exports are less than imports.
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"Medium term notes" have a maturity ranging up to
A) one year. B) two years. C) five years. D) ten years.
A corporation may be reluctant to raise capital by issuing stock because
A. issuing stock to obtain money for investment is riskier than selling bonds. B. holders of already-existing stock will gain more voting power in the corporation. C. obtaining government permission to issue stock can be time-consuming and expensive. D. All of these responses are correct.
Suppose the reserve requirement ratio is 20 percent. Assuming no bank holds excess reserves and nobody withdraws cash, a $10,000 injection of new reserves by the Fed can create: a. $2,000 in new checkable deposits
b. $10,000 in new checkable deposits. c. $50,000 in new checkable deposits. d. $500,000 in new checkable deposits. e. $5,000 in cash.
When people’s income increases, demand for science fiction novels increases. The novels are
a. an inferior good. b. substitutes. c. a normal good. d. regular goods.