The idea of the life-cycle theory of consumption is that people make ________ consumption plans.
A. yearly
B. seasonal
C. lifetime
D. cyclical
Answer: C
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Microsoft has been accused of violating an antitrust law pertaining to bundling
a. True b. False Indicate whether the statement is true or false
Under which of the following conditions will a change in government purchases have the greatest effect on the economy in the short run?
a. The aggregate demand curve is relatively flat. b. The aggregate demand curve is relatively steep. c. The short-run aggregate supply curve is relatively flat. d. The aggregate demand curve is vertical. e. The short-run aggregate supply curve is vertical.
Bliff and Harvey in 1hr. what is the absolute advantage? 1 hr. Bliff Harvey Martins 9 12 Gin 6 9
What will be an ideal response?
Suppose the banks in the Federal Reserve System have $400 million in transactions accounts and the reserve requirement is 0.10. Ceteris paribus, if the reserve requirement is decreased to 0.05, then excess reserves will increase by:
A. $1 million. B. $20 million. C. $40 million. D. $2 billion.