Financial markets are
A) markets where money is traded between the Fed and economic agents.
B) markets where funds accumulated by one group are made available to another group.
C) banks interact to lend and borrow reserves.
D) the market where capital goods are traded.
Answer: B) markets where funds accumulated by one group are made available to another group.
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The reserves kept as cash in the vault of a commercial bank are considered its assets
a. True b. False Indicate whether the statement is true or false
If marginal utility is negative
A. the consumer will not consider extra units of the good even if its price is zero. B. total utility increases at a decreasing rate. C. the consumer will want to consume the unit only if it is free. D. the consumer likes the commodity, but not as much as he or she once did.