PCh1-4 - Econ 520 (Spring 2007) Problems for Chapters 1-4...

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Econ 520 (Spring 2007) Problems for Chapters 1-4 Masao Ogaki CHAPTER 1 Mishkin, P.18, Questions and Problems, 2 CHAPTER 2 1. Multiple-Choice Problems 1. Suppose that a commercial bank sells bonds issued by a corporation to its customers. C) Both (a) and (b) of the above. D) Neither (a) and (b) of the above. A) You buy shares of mutual funds B) A corporation buys a share of common stock issued by another cor- poration. C) You buy a U.S. Treasury bill from a bank. D) You make a deposit to a bank. E) None of the above. F) only (a) and (d) G) only (c) and (d) H) only (a), (c), and (d) 3. In an economy with no information and transactions costs, C) both (a) and (b) of the above. D) neither (a) and (b) of the above. 1
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A) reduces transaction costs. B) reduces information costs.
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PCh1-4 - Econ 520 (Spring 2007) Problems for Chapters 1-4...

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