A person is betting a coin will come up heads or tails. The coin always lands on one of these two outcomes. This person can bet to
A) eliminate only the systematic risk.
B) eliminate only the random risk.
C) eliminate all risk.
D) All of the above.
C
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As a result of contractionary monetary policy
A) interest rates fall, the dollar depreciates, and domestic goods become cheaper, thereby reducing net exports. B) interest rates rise, the dollar appreciates, and domestic goods become more expensive, thereby reducing net exports. C) interest rates rise, the dollar appreciates, and domestic goods become cheaper, thereby reducing net exports. D) interest rates rise, the dollar appreciates, and domestic goods become cheaper, thereby increasing net exports.
Check collection and clearing happen
A) at the bank where the check was written. B) only at private clearing centers. C) at the Fed and at private clearing centers. D) only at the Fed.