Banks use repurchase agreements to
A) ensure that payments on consumer loans are made on time.
B) borrow funds from business firms or other banks.
C) guard against price fluctuations on long-term bonds.
D) ensure that they always have enough funds on hand to meet their federal tax liabilities.
B
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What is the relationship between household saving and taxes?
a. taxes = income - consumption - household saving b. household saving = income + taxes - consumption c. taxes = income + consumption + household saving d. household saving = consumption + income - taxes e. taxes = household saving - income + consumption
Political instability is an impediment to development mainly because it:
A. undermines both domestic and foreign investment in a developing country. B. creates cultural and social differences among groups in developing countries. C. produces excessive levels of domestic saving. D. redistributes income.