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NEW QUESTION: 1
FSB stands for
A. Financial Services Board
B. Finacle Service Bus
C. None of the options
D. FinacleSolutionBoard
Answer: B
NEW QUESTION: 2
Given a constant money supply, people may be expected to purchase more bonds if the money interest rate is ________ the equilibrium rate in the money balances market.
A. lower than
B. higher than
C. no relationship
Answer: B
Explanation:
When actual interest rate is higher than the equilibrium rate, there is an excess of money supply. People are expected to reduce their holding of money balances and purchase some bonds to take advantage of high rates. The process will move the market for money balances toward equilibrium.
NEW QUESTION: 3
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Which Real-Time Display would accomplish this?
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Answer: C
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