Spending tends to be more susceptible to special interests than taxation
a. True b. False
a
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Arriving at a decision by comparing total costs and total benefits is called marginal analysis
Indicate whether the statement is true or false
If the government issues new government bonds to finance a budget deficit, the supply of loanable funds will ________ and the equilibrium amount of investment will ________
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
A ________ shows how much a firm will produce as a function of how much it thinks its competitors will produce
A) contract curve B) demand curve C) reaction curve D) Nash equilibrium curve E) none of the above
Which of the following is included in M2 but is not included in M1?
a. Eurodollar deposits b. savings accounts c. traveler's checks d. checkable deposits