In the 1970s, U.S. consumers transferred their deposits from accounts in banks and thrifts to money market mutual funds because money market mutual funds:
a. were more liquid
b. were less risky.
c. paid higher interest rates.
d. were guaranteed for a larger amount.
e. were more liquid and paid higher interest rates.
c
Economics
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If one person has all the income and everyone else has none, the Gini ratio is 1
Indicate whether the statement is true or false
Economics
One would speak of a movement along a supply curve for a good, rather than a change in supply, if
A) prices of substitutes in production change. B) supplier expectations about future prices change. C) the price of the good changes. D) the cost of producing the good changes.
Economics