The type of policy that involves interest rates and the availability of loanable funds is known as:
A) fiscal policy.
B) monetary policy.
C) strategic financial policy.
D) federal policy.
B
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A reserve ratio of 10% means that the deposit expansion multiplier is _________.
Fill in the blank(s) with the appropriate word(s).
Which of the following would be included in a year's GDP?
a. Susan cleans the fuel injectors on her car. b. A private individual purchases 100 shares of IBM stock. c. A timber company purchases land in Oregon. d. A man buys an antique desk from his neighbor. e. A college professor purchases a new computer.
A business buys $5000 worth of resources to produce a product. The business makes 100 units of the product and each of them sells for $65. The value added by the business to these products is:
What will be an ideal response?
An example of an externality associated with drugs is a drug
A. dealer killing his supplier for lack of delivery. B. user ruining a spouse's life. C. dealer killing his customer for lack of payment. D. user ruining the drug user's life.