If a consumer in UK buys a camera from a manufacturer in the U.S., everything else remaining unchanged, ________
A) the UK's net factor payment from abroad will fall
B) there will be a deficit in U.S.'s financial account
C) the U.S.'s net exports will increase
D) the U.S.'s net transfer payment will increase
C
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Expansionary monetary policy is achieved by:
A) decreasing the amount of bank reserves and lowering the federal funds rate. B) decreasing the amount of bank reserves and raising the federal funds rate. C) increasing the amount of bank reserves and lowering the federal funds rate. D) increasing the amount of bank reserves and raising the federal funds rate.
The ________ is below the coupon rate when the bond price is ________ its par value
A) yield to maturity; above B) yield to maturity; below C) discount rate; above D) discount rate; below