Central banks can use _______________________ to reduce the quantity of money and loans in an economy.
a. closed market operations
b. public market operations
c. open market operations
d. private market operations
c. open market operations
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The rate of return is equal to the
A) sum of the coupon rate and the current yield. B) yield to maturity. C) sum of the current yield and the actual rate of capital gain or loss. D) sum of the current yield and the expected rate of capital gain.
Which of the following best expresses the attitude toward competition of a firm engaged in tacit collusion with its rivals?
a. A rolling stone gathers no moss. b. Waste not, want not. c. Do unto others as you would have them do unto you. d. Ask, and ye shall receive.
Which of the following is a difference between a binding and a not binding price floor?
a. A binding price floor causes a surplus in the market, while a not binding price floor causes a shortage in the market. b. A binding price floor causes a surplus in the market, while a not binding price floor has no impact on the market forces. c. A binding price floor causes a shortage in the market, while a not binding price floor has no impact on the market forces. d. A binding price floor causes a shortage in the market, while a not binding price floor causes a surplus in the market.
For most families, a majority of their property comes from
A. inheritance. B. redistribution programs. C. transfer payments. D. savings.