QUESTION 19
Pick the two answers to the following: Ceteris paribus, faster economic growth will cause the price of bonds to ___________________ and interest rates to _____________________.
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    a. rise/rise
       b. fall/fall
       c. rise/fall
     d. fall/rise
       e. not change/not change
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QUESTION 18
Historically, what has been the average (benchmark) real rate of interest in the U.S.economy?
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      a. 10%
      b. 1%
       c. -2%
       d. -3%
      e. 20%
     f.  3%
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QUESTION 11
If China is going to maintain its peg with the dollar despite its trade surplus, what must the Bank of China do if it has no Sovereign Wealth Fund?
a.   Short sell dollars in exchange markets
b.   Reduce its vast holdings of dollars
c.   Increase its holdings of dollars
d.   Raise the value of its currency to discourage export surpluses
e.   Create a new currency
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QUESTION 10
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The edges of commodity money coins often have lines, letters, spikes, etc. Why?
- Spikes and serrated edges make the holder of these coins more aware of where they are and therefore less likely to be stolen
- Spikes and serrated edges make it more difficult for counterfeiters to make fake coins
- Spikes and serrated edges are features designed to prevent or minimize clipping
- Spikes and serrated edges are a way of reducing the amount of gold or silver in the coin
- Spikes and serrated edges were a way of authenticating coins by indicating where they were minted (i.e., made)
Answers
Status NEW
Posted 17 May 2017 02:05 AM
My Price 7.00
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