Democracy tends to best promote economic freedom when there is
a. checks on the power of both the executive and legislative majorities.
b. constitutional protection of private property rights.
c. political decentralization.
d. all of the above.
D
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Open market operations refer to the Fed's transactions with ________
A) households B) private banks C) state governments D) firms
Please discuss the difference between the terms devaluation and depreciation
What will be an ideal response?
A government program that invested in financial institutions and automakers to help stabilize markets during the great recession of 2008 was the _____
a. Troubled Asset Relief Program b. Social Security System c. Supplemental Security Income Program d. Public Housing Assistance Program e. Deposit Insurance Program
Refer to Figure 9.1. At what price and quantity combination is profit maximized?
A. Q = 50; P = $5
B. Q = 50; P = $15
C. Q = 85; P = $10
D. Q = 85; P = $15