Government regulations can create de facto monopoly results
a. True b. False
a
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Crowding out is the tendency for increased government deficits to:
A. increase consumption spending. B. increase investment spending. C. reduce investment spending. D. reduce consumption spending.
Which of the following is true of fiat money?
A) Fiat money is illegal and difficult to counterfeit. B) The raw materials required for the production of fiat money are available only in a few countries. C) Fiat money is not backed by a physical commodity. D) The technology required to produce fiat money is not widely available.
According to this Application, what is one of the major puzzles regarding international financial statistics?
A) There appears to be the same amount of investment income paid and received each year. B) There appears to be less investment income paid than received each year. C) There appears to be more investment income paid than received each year. D) none of the above
Price controls would ordinarily be used to increase rather than decrease prices of depletable resources.
Answer the following statement true (T) or false (F)