In an uncontrolled or unregulated system commercial bank lending will tend to intensify the business cycle.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following statements is true for a command economy?
A. Manufacturers decide what is produced. B. The state decides how to distribute what is produced. C. Consumers have no choice concerning what they buy. D. The amount of a good supplied always equals the amount of the good demanded.
Which of the following statements regarding the long-term equilibrium is TRUE?
A) As new firms enter a market, each existing firm increases the quantity it produces. B) Firms leave a market if they are making zero economic profit. C) Entry and exit stop when firms are making an economic profit. D) Entry and exit stop when firms make zero economic profit.
Which of the following accurately describes possible positions taken by hedgers?
A) may take a short position in the futures market to offset a long position in the spot market B) may take a short position in the spot market to offset a long position in the futures market C) may take a long position in the spot market to offset a short position in the futures market D) may take a long position in the futures market to offset a long position in the spot market
The government is looking to double the living standards of its population in 18 years, what rate of GDP growth would it need to achieve that?
a. 1% b. 2% c. 3% d. 4%