Demand refers to the amount buyers wish to buy, whereas the quantity demanded refers to the position of the demand curve
a. True
b. False
Indicate whether the statement is true or false
False
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In 2008, the Treasury and Federal Reserve took several actions in response to the deepening financial crisis
One action was the creation of the Term Securities Lending Facility, under which the Fed will loan up to $200 billion of treasury securities in exchange for A) stock. B) corporate bonds. C) mortgage-backed securities. D) required bank reserves.
If a corporation is sued and loses the lawsuit, its liability to pay
A. is imposed on all stockholders, personally. B. is imposed only on the corporate CEO and the board of directors. C. is limited to the assets held in the corporation’s name. D. is imposed on the bondholders of the corporation.
The velocity of money is the:
a. rate at which the price index for consumer goods rises. b. multiple by which an increase in government expenditures will cause output to expand. c. average number of times a dollar is used to buy goods and services included in GDP. d. number of times a dollar is taken out of the country during a year.
By definition, M1 includes:
a. savings accounts. b. money market mutual accounts. c. small denomination time deposits. d. checkable deposits.