If the money rate of interest is 9 percent and the real rate of interest 6 percent, the inflationary premium is
a. 3 percent.
b. 6 percent.
c. 9 percent.
d. 12 percent.
A
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The FDIC insures deposits in: a. all the commercial banks across the U.S
b. Federal Reserve member banks only. c. any banking institution that sells FDIC insurance. d. any banking institution that purchases FDIC insurance. e. any bank approved by the Fed.
.Which of the following would be true if money were not used as a medium of exchange?
What will be an ideal response?
Which one of the following would be most compatible with the goals of the government to both improve economic growth and reduce the trade deficit?
What will be an ideal response?
A current account surplus can occur if ________, all other variables remaining unchanged
A) net exports is negative B) net transfer payments from abroad is positive C) net national savings equals zero D) net factor income from abroad equals zero