A drop in six-month LIBOR is good news to __________ in a swap contract
A) the fixed-rate payer
B) the floating-rate payer
C) both payers
D) neither payer
B
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Changes in which of the following shifts the aggregate supply curve?
i. the price level ii. the money wage rate iii. potential GDP A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii
In Figure 3-7 above, the multiplier for a change in autonomous taxes is
A) 5. B) 4. C) 2.50. D) 1.
In terms of imports to the colonies, ______ and ______ were the top two trading partners
a. the United Kingdom; Africa b. Southern Europe; the West Indies c. the West Indies; the United Kingdom d. the United kingdom; Southern Europe.
Which of the following is a common reaction to an increase in the interest rate?
a. A decline in oil prices b. A war c. A decrease in spending on new homes d. An expansion e. An increase in military spending