A American businesses; American consumers B American businesses; foreign businesses C American consumers; American businesses D foreign businesses; American consumers Answer: C 17 From 1980 to 1985 the dollar appreciated relative to the British pound. C lowering the cost of exchange to those who would specialize. C The yield to maturity is greater than the coupon rate when the bond price is above the par value. The presidents of the Federal Reserve Banks are chosen by each bank's board of directors. C The current yield is always a poor approximation for the yield to maturity. Who is responsible for setting monetary policy in the United States? At a time, whoever earned money got to keep their own money, but eventually, gangsters started making money for bosses, or basically, gangsters with… Years later, she was tested and it was as if the cancer had never been there at all.
D cannot be a durable asset. They are tissues that form tubes in plants. Answer: D 4 When compared to exchange systems that rely on money, disadvantages of the barter system include: A the requirement of a double coincidence of wants. B eliminates the requirement for a double coincidence of wants. D direct financing is more important than indirect financing as a source of funds. The smaller the fraction of reserves banks hold, the larger the money multiplier, because each dollar of reserves is used to create more money. C the growth rate of the money stock.
Simply reveal the answer when you are ready to check your work. B the initial statistics do not provide a good guide to short-run movements in the money supply. B have been a source of rapid financial innovation that is expanding the alternatives available to those wanting to invest their money. D economists find disagreement interesting and refuse to agree for ideological reasons. B equity and bond financing play such an important role in financial markets.
A assets; liabilities B liabilities; assets C negotiable; nonnegotiable D nonnegotiable; negotiable Answer: A 15 A corporation acquires new funds only when its securities are sold A in the primary market by an investment bank. What is the difference between commodity money and fiat money? Consider how to explain the relationship among saving, investment, and net capital outflow. C there is no difference--money and income are both stocks. B the lender's inability to legally require sufficient collateral to cover a 100% loss if the borrower defaults. Some regions are expanding and shrinking and transitions of workers come with temporary unemployment.
Answer: B 12 Which of the following is most likely to result from a stronger dollar? If withdrawals are bigge … r then injections the country would be facing a deficit and negative economic growth. Russell paintings declines holding everything else equal when: A stocks become easier to sell. This is usually referred to as having intrinsic value. A shorter; closer B shorter; farther C longer; closer D longer; farther Answer: B 5 The nominal interest rate minus the expected rate of inflation A defines the real interest rate. D does all of the above. Consider how to describe the economic logic behind the theory of purchasing-power parity. C Debt is a claim on the issuer's assets, but equity is a claim on the issuer's income.
How then would anyone in his or her right mind trade a tangible object like a new stereo or television for it? Answer: D 4 Which of the following can be described as involving indirect finance? The world economy is comprised of individual economies and their international trading of goods and services… What Happened to the Money? D Japanese cars become more expensive. Of course, part of the whole scheme of spending money and saving money a lot of it has to understood at a personal level. B deciding what is generally accepted in payment for goods and services or in the repayment of debt is difficult to determine. The evolution of the payments system from barter to precious metals, then to fiat money, then to checks can best be understood as a consequence of A government regulations designed to improve the efficiency of the payments system. If so: Barbie was the first adult figure fashion doll. Answer: D 10 The price of one country's currency in terms of another's is called A the exchange rate. It is a fairly narrow region.
C fraud may be more difficult to commit when paper receipts are eliminated. . There is not one humane reason why these people had to be bombed with a nuclear device. Differences in characteristics of the role of money. The bombing of Hiroshima was also another terrible tragedy.
Even you reading this answer is a valuable piece of data as it helped solve your question. C both a and b of the above. That 'something of value' represented by stock is an ownership stake in a business. What unique characteristics set you apart from other applicants? D the initial statistics provide a good guide of monetary policy, though they are usually underestimates of the revised statistics. A A negotiable certificate of deposit B A bankers acceptance C A six-month loan D A U. C Money increases economic efficiency because it decreases transactions costs.
B Money increases economic efficiency because it encourages specialization. The role of money in the modern market economy. Because bonds are a legal obligation to repay debt and stock represents ownership, which comes with the potential to make or lose money, bonds are generally safer investments than stocks. Answer: C 3 Which of the following can be described as involving indirect finance? Those are just very basic, fundamental factors that can impact the value of a share of stock. B reduces the number of prices that need to be calculated. Data is a valuable asset to all companys. The number of shares each company has issued will impact the value of your share, as will the size and profitability of each company.
D of all of the above. The population of Ectenia is 100 people: 40 work full-time, 20 work half-time but would prefer to work full-time, 10 are looking for a job, 10 would like to work but are so discouraged they have given up looking, 10 are not interested in working because they are full-time students, and 10 are retired. We know that it was healed without any help from the doctors or anything scientific, rather using the healing power of her God. Other assets vary widely in their liquidity. C the demand curve for bonds shifts to the right and the interest rate falls. B The two measures' movements closely parallel each other, even on a month-to-month basis. D All of the above are true.