The United States faced the most serious financial crisis since the Great Depression during the period of 2007-2008.
Answer the following statement true (T) or false (F)
True
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Franco Modigliani has found that an expansionary monetary policy can cause stock market prices to ________ and consumption to ________
A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase
People over age 65 have higher poverty rates than those under age 18
Indicate whether the statement is true or false
If the government imposes a ceiling price on apartment rents, we would expect to observe all of the following except one. Which is the exception?
a. an increase in the number of new apartment complexes being built b. long waiting lists for apartment seekers c. lower maintenance of existing apartments d. conversion of some apartment complexes to condos e. a shortage
The economic gains from expanding international trade are measured in hundreds of billions of dollars.
Select whether the statement is true or false. A. True B. False