If a banker expects interest rates to fall in the future, her best strategy for the present is
A) to increase the duration of the bank's liabilities.
B) to buy short-term bonds.
C) to sell long-term certificates of deposit.
D) to increase the duration of the bank's assets.
D
Economics
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U.S. imports of sugar are limited by an import quota that, according to a study updated in 2013, imposed annual costs on American consumers of
A) $2,000,000. B) $1,500,000. C) $1,000,000,000. D) $200,000. E) $370,000.
Economics
A graph that shows the maximum combinations of two goods which a consumer can purchase with a given money income is:
A. The production possibilities curve B. An indifference curve C. A demand curve D. A budget line
Economics