Discount lending ties into the Fed's function of:

A. regulation of banking.
B. open market operations.
C. lender of last resort.
D. the government's bank.

Answer: C

Economics

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Potential GDP is estimated to grow at a rate of 3.2% in the United States. Actual GDP in the U.S

A) always grows at a slower rate than potential GDP. B) is the same as potential GDP if all firms in the economy were working at capacity. C) always grows at the same rate as potential GDP. D) always grows at a faster rate than potential GDP.

Economics

When numerous Japanese companies buy $100,000,000 worth of goods or services from U.S. producers, ceteris paribus, there will be

A) appreciation in the value of the yen against the dollar. B) depreciation in the value of the yen against the dollar. C) depreciation of the dollar against the yen. D) no change in values of the currencies.

Economics