Which of these transactions results in an increase in M2?
A) certificate of deposit matures, adding $520 to your checking account
B) withdrawal of $100 cash from your checking account
C) depositing a bank loan of $400 into your savings account
D) depositing a $300 paycheck into your savings account
E) none of the above
C
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Which of the following is NOT necessary for a firm to engage in price discrimination?
A) The firm must be able to identify different types of buyers. B) The firm must be able to separate buyers by preventing resales from one customer to another. C) The firm must produce output for different buyers at different costs. D) The firm must sell a product that cannot be resold.
According to Nobel laureate Douglass North, one reason why the Industrial Revolution occurred in England before many other countries was because the king in England consistently maintained control over the court system and the government
Indicate whether the statement is true or false
The federal funds rate is the interest rate for
A. reserves that banks borrow from the Fed. B. the preferred customers of the banks. C. reserves borrowed by one bank from another bank. D. banks belonging to the Federal Reserve System.
If the marginal propensity to save is 0.2, what is the expenditure multiplier?
a. 0.8 b. 1.2 c. 2 d. 5