This topic contains a solution. Click here to go to the answer

Author Question: A bank may hold secondary reserves, such as U.S. government securities because: a. they pay higher ... (Read 52 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
A bank may hold secondary reserves, such as U.S. government securities because:
 a. they pay higher interest rates than deposits at the Fed, and are easily converted into cash assets.
  b. they pay higher interest rates than deposits at the Fed, even though they are hard to convert assets.
  c. they pay lower interest rates than deposits at the Fed, but are more easily converted into cash assets.
  d. they pay lower interest rates than deposits at the Fed, and are hard to convert into cash assets.

Question 2

Contrary to what believers in the Phillips curve would say, U.S. economic data from 1955 to 2000 show evidence of:
 a. a positive relationship between the unemployment rate and inflation.
  b. no short-run relationship between the unemployment rate and inflation.
  c. increases in both unemployment and inflation rates.
  d. a constant rate of inflation, with changing rates of unemployment.
  e. a constant rate of unemployment, with changing rates of inflation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

a

Answer to Question 2

c




asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Gracias!


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library