The main advantage of money market deposit accounts over traditional checking accounts is the ease of check writing
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
How do you calculate consumer’s surplus? What happens to consumer’s surplus when the price of a commodity rises?
What will be an ideal response?
Suppose the equilibrium real federal funds rate is 3 percent, the target rate of inflation is 3 percent, the current inflation rate is 1 percent, and real GDP is 8 percent below potential real GDP
If the weights for the inflation gap and the output gap are both 1/2, then according to the Taylor rule the federal funds target rate equals A) -3 percent. B) -1 percent. C) 3.5 percent. D) 7 percent.
In 1865 Jevons wrote a book, The Coal Question, in which he predicted that England would soon
a. switch from coal to alternative sources of energy b. discover new sources of coal that would create a glut c. go to war with Spain over access to coal deposits d. increase its productivity and become a greater economic power e. run out of coal
A conglomerate merger occurs when
a. the goods produced by the merging firms are not related b. one firm produces goods while the other produces services c. one firm is a domestic firm while the other is a foreign firm d. the firms are in a buyer-seller relationship e. the merging firms produce identical or close substitute goods