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In: Economics

URGENT! 37-42 Each Question has 4-6 parts, please answer all of them. -Which of the following...

URGENT! 37-42

Each Question has 4-6 parts, please answer all of them.

-Which of the following Treasury securities ranges from 1 to 10 years to maturity?

Sleeping Beauty Bonds

Treasury Bonds

Treasury Notes

Treasury Bills

-Which of the following Treasury securities matures within 1 year?

Treasury Notes

Treasury Bills

Treasury Bonds

Sleeping Beauty Bonds

-

Who OR what rescued the U.S. bank system during the “Bank Panic of 1908”?

J.P. Morgan

the Federal Reserve

President Woodrow Wilson

the Resolution Trust Corporation

John D. Rockefeller

-

Who OR what pays the tariff on an imported product?

domestic producers

the government

domestic consumers

foreign producers

foreign consumers

-

Which of the following organizations led to the creation of the World Trade Organization (WTO)?

IMF

EU

EMU

NAFTA

GATT

-

Which of the following organizations led to the creation of the USMCA?

NAFTA

EMU

EU

IMF

GATT

Expert Solution

Answer Option C) Treasury notes

Treasury notes securities ranges from 1 to 10 years to maturity

Answer Option B) Treasury bills

Treasury bills mature within one year. Treasury bills are considered as baseline risk free investment.

Answer Option A) JP Morgan

JP Morgan rescued the U.S. bank system during the “Bank Panic of 1908”. Panic could be deepened if J P Morgan could not intervene and pledged large sum of his own money.

Answer Option B Domestic consumers

Domestic consumers pay the tariff on an imported product. The reason is that tariffs rise the prices of imported goods . Owing to that, domestic producers are not forced to reduce their prices from increase in competition and therefore , domestic consumers pay the tariff on an imported product.

Answer Option D) GATT

General agreement on trade and tariff led to the creation of the World Trade Organization (WTO).GATT came in appearance in i January 1948 and GATT was improved over eight rounds of negotiations, which became reason for the creation of WTO.

Answer Option A) NAFTA

NAFTA led to the creation of the USMCA.

Rahul Sunny answered 2 years ago

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