A checking account entry is money because it:
A. is ensured by the Federal Deposit Insurance Corporation.
B. has been declared as such by the federal government.
C. performs the functions of money.
D. can be sold for currency.
C. performs the functions of money.
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In many political elections, states often hold a primary election, and the winners of the primary election face off in the general election. This method of voting is called a ________ election
Fill in the blank(s) with correct word
In the above figure, if the budget line shifts from RT to RS, the income effect is illustrated by the move from
A) a to b. B) a to c. C) b to c. D) T to S.
The government will have to subsidize a natural monopoly in the long run if regulators choose to pursue:
a. marginal cost pricing b. fair-return pricing. c. per se pricing.
If (X ? IM) < 0, then capital inflows
A. will be zero. B. will be greater than zero. C. will be less than zero. D. can be zero, positive, or negative.