Which of the following will not increase the opportunity for internal financing of capital?
A. Transparent capital markets.
B. Seizing of private banks by the government.
C. Saving incentives.
D. Improved banking facilities.
Answer: B
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The averting expenditures method
a. uses spending changes on goods that act as substitutes for environmental quality b. defines personal environmental quality as the relevant market c. has the disadvantage of jointness of production, which biasesthe benefit estimate d. all of the above
mixed-strategy Nash equilibrium is the outcome in which a player's ________ strategy is the best strategy for that player, taking as given the other player's ________ strategy.
A) mixed; mixed B) pure; pure C) pure; mixed D) mixed; pure
If a consumer is spending all of his/her income in a manner where MUa / Pa = MUb / Pb, then the consumer:
a. should increase the consumption of A and decrease the consumption of B. b. is maximizing his/her utility. c. should increase the consumption of B and decrease the consumption of A. d. should increase the consumption of both A and B. e. should decrease the purchases of both A and B.
The banking system is able to make new loans equal to
A) total legal reserves of the system. B) total excess reserves of the system. C) total required reserves of the system. D) a multiple of total excess reserves of the system.