As a result of the Fed's actions during the 2008 financial crisis and banks' lending policies,
A) the M2 money multiplier has fallen from about 9 to about 4.
B) the M2 money multiplier more than doubled.
C) the monetary base decreased by 50 percent.
D) the ratio of currency to M2 deposits more than doubled.
E) the reserve requirement ratio increased.
A
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A corporation issues a three year bond with a coupon of $50 and a face value of $1000. Immediately after being issued, market interest rates decline to 4%. What is the price of the bond? Report your answer to the nearest dollar
What will be an ideal response?
If you gave your friend a gift of a corporate bond, such as a $100 General Motors bond, your friend would have a gift of
a. M1 money b. M2 and fiat money c. specie d. near money e. not money
An action that is the best choice under all conditions is known as a:
A. profit-maximizing strategy. B. dilemma. C. trigger strategy. D. dominant strategy.
Which of the following statements is correct?
A. When marginal utility is decreasing, an increase in the quantity consumed will decrease total utility B. When marginal utility is positive, an increase in the quantity consumed will decrease total utility C. When marginal utility is positive, an increase in the quantity consumed will increase total utility D. When marginal utility is zero, an increase in the quantity consumed will make total utility zero