The cost of the savings and loan bailout ended up to be about $______.
Fill in the blank(s) with the appropriate word(s).
200 billion
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As a result of the 2008-2009 financial crisis and the decrease in GDP in many European economies, we would expect
A) an increase in the demand for U.S. exports and a leftward shift in the demand curve for dollars. B) a decrease in the demand for U.S. exports and a leftward shift in the demand curve for dollars. C) a decrease in the demand for U.S. exports and a rightward shift in the demand curve for dollars. D) a decrease in the demand for U.S. imports and a movement up along the demand curve for dollars.
Briefly discuss the relationship between leakages and the size of the multiplier
What will be an ideal response?
A market is said to "clear" when
A) sellers give up selling their goods because they can't find any buyers. B) buyers and sellers are able to buy and sell as much as they want at the market price. C) the government decides to shut it down. D) sellers run out of goods to sell.
The growth rate of productivity is the most important determinant of material well-being in the short run
a. True b. False Indicate whether the statement is true or false