The Federal Reserve was formed largely in response to ____________.
Fill in the blank(s) with the appropriate word(s).
bank panics and financial crisis
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According to your text, with the exception of South Africa, the record of economic growth in sub-Saharan Africa
A) is tragic. B) mirrors that of most of the Latin American countries. C) is about the same as South Korea. D) is respectable, but not fantastic.
Which of the following is an example of a barter transaction?
A) An individual pays her electric bill with a check. B) An individual pays her electric bill with currency. C) An individual provides three light bulbs to her neighbor in exchange for two gallons of milk. D) An individual deposits three twenty-dollar bills in her checking account.
Since 1940 the percentage of elementary and secondary educational expenditures financed by local governments _____
a. declined by around 10 percentage points b. increased by around 10 percentage points c. increased by around 5 percentage points d. declined by around 15 percentage points
An ultimatum game:
A. is a repeated game. B. is a simultaneous move game. C. is when one player makes an offer and the other has to accept or reject. D. is a realistic way of modeling union negotiations.