Financial institutions that accept deposits and make loans are called ________ institutions
A) investment
B) contractual savings
C) depository
D) underwriting
C
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Refer to the table above. If the income of the consumer is $24, the optimal choice contains:
A) 1 quart of juice and 1 quart of milk. B) 3 quarts of juice and 4 quarts of milk. C) 4 quarts of juice and 4 quarts of milk. D) 4 quarts of juice and 5 quarts of milk.
Both ________ and ________ are Federal Reserve assets
A) currency in circulation; reserves B) currency in circulation; securities C) securities; loans to financial institutions D) securities; reserves
Low rates of inflation are generally associated with
a. low rates of government spending. b. small or nonexistent government budget deficits. c. low rates of productivity growth. d. low rates of growth of the quantity of money.
The brand name of a firm
A. relates to consumers' perception of product differentiation and to the market value of a firm. B. has been considered irrelevant by economists since profits for a monopolistic competitive firm are zero in the long-run. C. is important in the short-run but not in the long-run. D. has nothing to do with the profitability of a firm.