Describe the extensive "safety net" that has been set up in the United States in order to reduce the risk of bank failure
What will be an ideal response?
(1 ) Deposit insurance
(2 ) Reserve requirements
(3 ) Capital requirements and asset restrictions
(4 ) Bank examination
(5 ) Lender of last resort facilities
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The United States is a net importer of capital. This means
a. that U.S. citizens own more foreign assets than foreigners own U.S. assets b. that citizens of other countries are buying more U.S. assets than U.S. citizens are buying foreign assets c. only that U.S. citizens own foreign assets d. only that foreign citizens own U.S. assets e. either that U.S. citizens own foreign assets or that foreign citizens own U.S. assets
When China devalues its currency
a. the dollars per Chinese yuan will increase b. the drain of U.S. reserves on Chinese yuan will fall. c. U.S. exports to China will increase. d. the price of imported Chinese textiles in the U.S. will fall. e. Chinese imports will increase.