Author Question: Which of the following is considered a depository institution? I. the U.S. Treasury II. a ... (Read 117 times)

dmcintosh · **on:** Jun 29, 2018

Which of the following is considered a depository institution?

I. the U.S. Treasury
II. a commercial bank like Citibank
III. a credit union for federal government employees
A) I only
B) I and II
C) II and III
D) I, II and III

Question 2

In the above figure, the economy is at point a on the initial supply of loanable funds curve SLF0. What happens if disposable income decreases?

A) Nothing; the economy would remain at point a.
B) There would be a movement to a point such as b on supply of loanable funds curve SLF0.
C) The supply of loanable funds curve would shift rightward to a curve such as SLF2.
D) The supply of loanable funds curve would shift leftward to a curve such as SLF1.