Which of the following is not correct?
A. By saving a larger portion of its GDP, a country can raise its output per worker.
B. Savers supply their money to the financial system with the expectation that they will get it back with interest at a later date.
C. Financial intermediaries are the only type of financial institution.
D. The financial system helps match people’s saving with other people’s borrowing.
查看答案
Which of the following is correct?
A. Lenders sell bonds and borrowers buy them.
B. Long-term bonds usually pay a lower interest rate than do short-term bonds because long-term bonds are riskier.
Corporations sell bonds to raise funds.
D. None of the above is correct.
National saving ()
A. is the total income in the economy that remains after paying for consumption.
B. is the total income in the economy that remains after paying for consumption and government purchases.
C. is always greater than investment for a closed economy.
D. is equal to private saving minus public saving.
Larry buys stock in FAST Express Company. Curly Corporation builds a new factory. Whose transaction would be an act of investment in the language of macroeconomics?
A. only Larry's
B. only Curly Corporation's
C. Larry's and Curly Corporation's
D. neither Larry's nor Curly Corporation's
Fran buys 1,000 shares of stock issued by Miller Brewing. In turn, Miller uses the funds to buy new machinery for one of its breweries.
A. Fran and Miller are both investing.
B. Fran and Miller are both saving.
C. Fran is investing; Miller is saving.
D. Fran is saving; Miller is investing.