In general, it can be asserted that foreign aid promotes economic development
Indicate whether the statement is true or false
false
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Runs on banks occur when
A) banks keep 100 percent of their deposits on hand. B) depositors are confident that the bank will not go bankrupt. C) banks make an unusually high number of profitable loans. D) many depositors attempt to withdraw their funds simultaneously.
Increases in income from sources other than employment can cause the labor supply curve to shift to the left
a. True b. False Indicate whether the statement is true or false
The vertical distance between the average total cost curve and the average variable cost curve is:
A. marginal cost. B. total cost. C. total fixed cost. D. average fixed cost.
Traveler's checks are included in:
A. M1 only. B. M2 only. C. both M1 and M2. D. neither M1 nor M2.