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If the demand for CDs is more elastic than the supply, a $3-tax per CD will increase the c
A.$3.
B.more than $1.50, but less than $3.
C.$1.50.
D.less than $1.50.
A.$3.
B.more than $1.50, but less than $3.
C.$1.50.
D.less than $1.50.
A、In finance, a bond is an instrument of indebtedness of the bond issue to the holders.
B、The bond is not negotiable.
C、The issuer of the bond is the borrower.
D、The holder of the bond is the lender.
E、Bonds provide the borrower with external funds to finance short-term investments.
For the long run variance-covariance estimator=
(
)
(j), when n is large enough, we can let
= [
], where [x] is the largest integer that is not greater than X.
A、rising short-term interest rates.
B、regulations that limited what banks could pay for deposits.
C、both (a) and (b).
D、neither (a) nor (b).
A、should have an efficiency advantage in gathering information that would eliminate the need for the money markets.
B、exists primarily to mediate the asymmetric information problem between saver-lenders and borrower-spenders.
C、is subject to more regulations and governmental costs than are the money markets.
D、all of the above are true.
E、only (a) and (b) of the above are true.
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