The balance sheet channel describes ways in which interest rate changes resulting from monetary policy affect
A) the portfolio decisions of households.
B) the portfolio decisions of businesses.
C) borrowers' net worth.
D) lenders' net worth.
C
Economics
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Under the Bretton Woods system, central bankers could obtain foreign currency loans from the
A) Bank of England. B) U.S. Treasury Department. C) International Monetary Fund. D) World Trade Organization.
Economics
A firm's revenue minus its factor payments equals
a. zero. b. the profits or losses earned by the firm. c. the quasi-rents earned by the factors of production. d. the firm's total revenue.
Economics