A local government would not be efficient in providing which of the following services?
A. International aid
B. Police protection
C. Fire protection
D. Roads
A. International aid
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If the actual money multiplier equals the potential money multiplier and if the Fed wishes to reduce the money supply by $1 million when the reserve ratio is 20 percent, then the Fed should
A) sell $200,000 of government securities. B) sell $500,000 of government securities. C) buy $200,000 of government securities. D) buy $500,000 of government securities.
What is Supplemental Security Income?
What will be an ideal response?
Good X is a Giffen good. When the price of X increases, the consumer will consume
a. more X. b. the same amount of X. c. less X. d. more or less X depending on the size of the income effect relative to the size of the substitution effect.
Developing countries send their best students to get an education in developed countries to help develop:
A. more education people. B. a channel of communications. C. a skilled work force. D. better political skills.