Interest rates declined in 2007 . What happened to bond prices during this time?
a. They were unchanged.
b. They increased.
c. They decreased.
d. Not enough data to answer.
b
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In making decisions about insurance, a crucial piece of information to know is:
A. how likely is the event you're insuring against. B. how easily you can reduce the risk of experiencing the event you're insuring against. C. when the event you're insuring against is most likely to occur. D. how many others will likely be affected by the event you're insuring against.
Spending VCU4 on real-world goods and services causes the nation's:
a. Demand for real goods and services to rise and monetary base to remain the same. b. Demand for real goods and services to rise and M2 money supply to fall. c. Demand for real goods and services to remain the same and M2 money multiplier to remain the same. d. Demand for real goods and services to rise and M2 money supply to fall.
Which of the following would shift a market labor supply curve to the left?
a. a decrease in the price of output b. an increase in the price of output c. a labor-augmenting technological change d. better employment opportunities in a closely-related job
If a bank's desired reserve-deposit ratio is 0.33 and it has deposit liabilities of $100 million and reserves of $50 million, it:
A. has the correct amount of reserves and outstanding loans. B. has too few reserves and will reduce its lending. C. has too many reserves and will increase its lending. D. should increase the amount of its reserves.