________ refers to a decrease in the willingness of banks to lend, while an impairment of the ability of nonfinancial firms to borrow is a consequence of ________.
A) Adverse selection; moral hazard
B) Deleveraging; debt deflation
C) Fire sales; a bank panic
D) The shadow banking system; agency theory
Question 2
Which of the following is true with regard to the supply of money?
A) an open market sale of government securities will increase liquidity
B) an open market purchase of government securities will decrease liquidity
C) liquidity and the money supply are directly related
D) all of the above
E) none of the above
Female Hector's dolphin jumping off Banks Peninsula, New Zealand
A child with a hearing impairment wears a hearing aid (as noted in his left ear).
Joseph Banks
Joseph Banks
Different parts of the body mature at different rates. “General” refers to the body as a whole: the
Decrease in Fertility, 1800–1900