Activist capitalists who seek out or create earnings opportunities and assume risk, for which they receive profits, are called
a. rent seekers.
b. entrepreneurs.
c. muckrakers.
d. marginalists.
b
Economics
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When banks hold more reserves than are required, such reserves are called
A) total reserves. B) required reserves. C) excess reserves. D) loan reserves.
Economics
The Fed's first forward guidance in 2009 was framed in terms of keeping interest rates low
A) for an extended period. B) at least until a particular date in the future. C) based on outcomes for the unemployment rate and inflation rate. D) until the next Presidential election.
Economics