Usury laws are designed to ensure that interest rates in the market do not exceed acceptable norms
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The government expenditure multiplier and the tax multiplier are
A) different in size and the tax multiplier is larger. B) not comparable because the government expenditure multiplier applies to aggregate supply and the tax multiplier applies to aggregate demand. C) different in size and the government expenditure multiplier is larger. D) identical in size. E) not comparable because the government expenditure multiplier applies to aggregate demand and the tax multiplier applies to aggregate supply.
If controlling the level of military expenditures is the most important goal, the most appropriate type of procurement contract would be _____
a. fixed fee b. cost plus fixed fee c. cost plus percentage fee d. cost plus incentive fee
_____, the lesser will be the effect of an increase in government spending on real GDP
a. The smaller the crowding-out effect b. The smaller the percentage of government spending financed by tax increases c. The larger the government budget surplus d. The more rapidly money is converted into goods e. The steeper the aggregate supply curve
The marginal factor cost is the
A) additional revenue obtained from a one-unit change in labor input. B) additional revenue obtained from a one-unit change in output. C) change in output resulting from the addition of one more worker. D) cost of using an additional unit of an input.