Capital is appropriately classified as a
A. flow.
B. process.
C. stock.
D. growth rate.
Answer: C
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A bank that maintains low NSF fees might also have relatively __________ loan rates, both parts of a strategy to attract __________-than-average borrowers
A) low; safer B) low; riskier C) high; safer D) high; riskier
Which elements of GDP were affected by the financial crisis and the lack of available credit?
a. consumption and business investment only b. consumption and government spending only c. consumption, business investment and government spending only d. consumption, business investment, government spending and imports/exports
Which of the following is an exogenous variable in the Three-Sector-Model?
a. Real GDP b. Oil prices c. GDP price index d. Real risk-free interest rate e. Quantity of real credit per time period
When we measure and record economic value, we use money as the
a. liquid asset. b. medium of exchange. c. unit of account. d. store of value.