All of the following are advantages of using the services of an investment company except:
a. professional management.
b. diversification.
c. ease in selling shares.
d. insurance protection against loss of principal.

James has set the goal of achieving all "a"s during this year of school.which term best describes this goal

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Arecession is defined as a period in which