Which of the following is not a role of a financial institution acting as a financial intermediary?
A. Formulating oversight regulations
B. Pooling the resources of small savers
C. Supplying liquidity
D. Providing ways to diversify risk
Answer: A
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Which one of the following countries has a high level of trade, exporting almost 50% of their total production?
a. United States b. United Kingdom c. Germany d. Italy
Excess demand occurs:
A. when price is above the equilibrium price. B. when price is below the equilibrium price. C. whenever the market is not in equilibrium. D. whenever the market is in equilibrium.
?Which of the following factors did not contribute to the federal budget surpluses in the 1990s?
a. ?Higher taxes on the rich b. ?More federal government spending discipline c. ?Slower consumer spending d. ?Rising business optimism based on technological innovation e. ?Market globalization
To counteract steep declines in the birth rate, some countries have offered stipends to pregnant women and subsidies for parents who have a second child. These financial supports are examples of ______.
a. factor payments b. opportunity costs c. positive incentives d. human capital