There are many ways developing countries finance their external deficits EXCEPT
A) bank finance.
B) portfolio investment in ownership of firms.
C) bond finance.
D) official lending.
E) foreign exchange rates.
E
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A firm is defined in Economics as
a. a corporation that creates demand for the goods it produces. b. an entity that produces and sells goods that individuals demand. c. an individual or group of individuals providing public services at no charge. d. any group of individuals seeking to increase their income.
A speculator who believes strongly that interest rates will rise would be likely to
A) buy futures contracts on Treasury bills. B) sell futures contracts on Treasury bills. C) buy Treasury bonds in the spot market. D) increase now the amount of money which he lends.
Federal funds market rate is: a. the rate at which central bank provides funds to commercial banks
b. the rate charged by banks on loans to the public. c. the rate charged on loans from one bank to another provided to meet reserve requirement. d. higher than the discount rate.
Refer to the diagram. At disposable income level D, consumption is equal to:
A. CD.
B. D minus CD.
C. CD/D.
D. CD plus BD.