Downward-Slope of yield curve (inverted) so expect ____________ interest rates
Fill in the blank(s) with the appropriate word(s).
Ans: sharply falling
Economics
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a. the decisions of individual households and firms. b. the interaction between households and firms. c. economy-wide phenomena. d. regulations imposed on firms and unions.
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What does it mean for the Fed to be the "lender of last resort?"
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What or who backs the value of fiat money?
a. The power of the state b. Gold and silver owned by the large commercial banks c. Foreign exchange held by the central bank d. Gold and silver owned by general public.
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Economies of scale are also referred to as increasing returns to scale.
Answer the following statement true (T) or false (F)
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