In the above figure, a decrease in the real interest rate will result in a movement from point E to
A) point F.
B) point G.
C) point H.
D) point I.
B
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An increase in the tax wedge associated with a given economic activity will decrease the level of that activity
Indicate whether the statement is true or false
At present, the majority of a nation's official reserve transactions are done by using foreign exchange assets instead of gold.
Answer the following statement true (T) or false (F)
Critics of the minimum wage argue that as an antipoverty device it is "poorly targeted." By this they mean that:
A. the minimum wage only applies to a small percentage of the labor force. B. many who benefit from the minimum wage are teenagers or not poor. C. the government has been unable to enforce the minimum wage. D. the average level of wages in the economy is considerably higher than the minimum wage.
Which of the following companies was broken up by the government?
A. Standard Oil B. Office Depot C. Wonder Bread D. Southwest Airlines