Prior to the recession which began in late 2007, the Federal Reserve purchased ________ of the government budget deficit
A) none B) about 50 percent C) a small portion D) all
C
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The production possibilities frontier shows
A) what people want firms to produce in a particular time period. B) what an equitable distribution of products among citizens would be. C) the maximum attainable combinations of two products that may be produced in a particular time period with available resources. D) the various products that can be produced now and in the future.
Which approach to calculating GDP best highlights the relative importance of different factors of production?
A. The expenditure approach B. The income approach C. The value-added approach D. Any of these measurements would work equally well for that comparison.
Which of the following is not true regarding bonds? a. Bonds can be purchased from corporations as well as governments
b. Interest must be paid to bondholders before dividends are paid to stockholders. c. Bondholders face no risk from changing market interest rates on bonds that have a fixed interest rate. d. The capital gains on bonds are generally more limited than the capital gains on stocks.
The most important factor contributing to the rapid development of the Chinese economy is their access to the _______________.
Fill in the blank(s) with the appropriate word(s).