A relationship-specific exchange occurs when:
A. specialized investments are important.
B. a partnership is dissolved.
C. shareholders receive dividends.
D. a partnership is initiated.
Answer: A
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What is an appropriate definition for "securitization"?
A) the repackaging of bank assets into readily marketable forms B) the promise of a secure return on deposits in FDIC-banks C) the simplification of interest-bearing assets into their simplest derivative form D) the unloading of derivative securities in response to a bank run E) the reinforcement of an asset's worth through official certification
Which of the following is a common determinant of both supply and demand?
A) income B) future expectations C) tastes and preferences D) sales tax
The reserve ratio is 20 percent. After the Fed buys $1 million in U.S. government securities from a bond dealer by transmitting the funds to the dealer?s deposit account at Bank A, Bank A lends a construction company an amount equal to its excess reserves. The construction company spends the entire amount on lumber from a lumber yard, which deposits the construction company?s check in its deposit account with Bank A. The maximum loan Bank A can now make is
A) $0. B) $640,000. C) $800,000. D) $1 million.
What do we mean by the Mform?
What will be an ideal response?