Which of the following are examples of financial assets that pay a short-term interest rate?
A. Mortgages and government bonds
B. Saving deposits and checking accounts
C. Stocks and home loans
D. Treasury bonds and foreign bonds
Answer: B
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Refer to above figure in which negative externality existed. The government imposes a $1.00 pollution tax on the producer. Supply shifts leftward
A) This tax will be shifted entirely to the consumer. B) This tax will be borne entirely by the producer. C) The amount of the tax shifted to the consumer depends on the consumer's reaction. D) The tax will be divided into equal amounts between consumer and producer.
Suppose that an economy's labor productivity and total worker-hours each grew by 4 percent between year 1 and year 2. We could conclude that this economy's:
A. real GDP also increased by 4 percent. B. real GDP remained constant. C. production possibilities curve shifted outward. D. capital stock increased by 4 percent.