Across developed and newly industrialized economies, since 1989 the United States has generally had
A) a higher unemployment rate than Japan and Hong Kong and a lower unemployment rate than the Eurozone countries.
B) a lower unemployment rate than Japan and Hong Kong.
C) a higher unemployment rate than the Eurozone countries.
D) the same unemployment rate as Canada.
E) a lower unemployment rate than Hong Kong and a higher unemployment rate than Japan and the Eurozone countries.
A
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The Fed influences the interest rate by using which of the following tools? i. open market operations ii. taxes on bank accounts iii. changes in required reserve ratios
A) i only B) ii only C) iii only D) Both i and iii E) i, ii and iii
Suppose there's an 80% chance of a stock rising by 20% and a 20% chance of it falling by 40%. Which type of investor would prefer an investment with a guaranteed return of 5%?
A) risk loving investor B) risk neutral investor C) risk averse investor D) risk is not relevant in this example