A) I = Y + C + G.
B) I = Y - C - G.
C) I = Y - C + G.
D) I = Y + C - G.
A regime change occurs when a government changes one aspect of its actions.
Answer the following statement true (T) or false (F)
False
A regime change occurs when the government changes the entire atmosphere in which policy decisions occur; a change in one aspect of government action is likely a policy change.
Economics
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Which of the following statements about a monopolist is FALSE?
A) A pure monopolist is the sole supplier of one product, good, or service. B) The monopolist faces a demand curve for the entire market for that good. C) A pure monopolist is not the same as a perfect competitor. D) The monopolist faces the industry demand curve, which is upward sloping.
Economics
In a closed economy,
Economics
If total deposits at Last Bank and Trust are $100 million, total loans are $70 million, and excess reserves are $20 million, then which of the following is the required reserve ratio?
A. 70 percent. B. 30 percent. C. 20 percent. D. 10 percent.
Economics
Which of the following models focuses on how productivity shocks explain fluctuations in real GDP?
A) the monetarist model B) the new classical model C) the real business cycle model D) the new Keynesian model
Economics