The financial sector of an economy includes which of the following components?
A) strengthening payment systems and regulatory agencies
B) strengthening financial sector institutions
C) attracting global capital and domestic savings
D) both A and B
D
You might also like to view...
Refer to the scenario above. People will earn a net benefit of ________ if the discount weight of the future benefit is 1/10
A) 950 utils B) 930 utils C) -600 utils D) -950 utils
Since most banks have positive gaps and negative duration gaps, an increase in market interest rates will
A) increase bank profits and increase bank capital. B) increase bank profits and decrease bank capital. C) decrease bank profits and increase bank capital. D) decrease bank profits and decrease bank capital.
Which of the following statements is correct?
A. Purely competitive firms, monopolistically competitive firms, and pure monopolies all earn zero economic profits in the long run. B. Purely competitive firms, monopolistically competitive firms, and pure monopolies all earn positive economic profits in the long run. C. In the long run, purely competitive firms and monopolistically competitive firms earn zero economic profits, while pure monopolies may or may not earn economic profits. D. Monopolistically competitive firms earn zero economic profits in both the short run and the long run.
The sum of the revenue collected by the tax and the excess burden created by the tax is the
A. gross revenue. B. tax incidence. C. deadweight loss. D. total tax burden.