Primary reserves and secondary reserves
A. are identical.
B. are nearly identical.
C. have some overlap.
D. have completely different components.
D. have completely different components.
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Expansionary policies are government policies that:
A. increase aggregate supply. B. decrease aggregate supply. C. decrease aggregate demand. D. increase aggregate demand.
Preferred Budgets ($ in millions)45678910Number of voters (in thousands)516253022193Table 15.3Table 15.3 shows the preferred budget for a new performance center and the number of voters in a community who prefer that budget. Suppose that Dawn initially proposed $5 million while Terry proposed $9 million. Given the distribution of voters' preferences, Terry can increase her chance of being elected by proposing:
A. a greater budget than $9 million. B. a smaller budget than $5 million. C. a smaller budget toward the median budget. D. None of these
In China, firms owned by the government are known as
A) state-owned enterprises (SOEs). B) government enterprises. C) corporations. D) government owned partnerships.
In the above figure, the firm is a monopolistically competitive firm. In the long run, its economic profit will be
A) zero. B) between zero and $50 per day. C) greater than $50 per day. D) some amount that cannot be determined without more information.