What is one of the traditional political uses of tariffs?

a. protection of borders
b. protection of vested economic interests
c. protection of military secrets
d. protection of exchange rates

b. protection of vested economic interests

Economics

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Since most banks have positive gaps and negative duration gaps, an increase in market interest rates will

A) increase bank profits and increase bank capital. B) increase bank profits and decrease bank capital. C) decrease bank profits and increase bank capital. D) decrease bank profits and decrease bank capital.

Economics

The sum of money spent by a person to purchase a new home is considered as a part of investment spending

a. True b. False Indicate whether the statement is true or false

Economics