Which group (or groups) would be the most upset by wide variation in the income distribution?
a. utilitarians
b. utilitarians and liberals
c. libertarians
d. liberals and libertarians
b
Economics
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The wealth effect is another term for the
A) the interest rate effect. B) the real-balance effect. C) substitution effect. D) the indirect effect.
Economics
What are the two ways of calculating the slope of a curved line?
What will be an ideal response?
Economics
Which of the following are NOT traded in a capital market?
A) U.S. government agency securities B) state and local government bonds C) repurchase agreements D) corporate bonds
Economics
A Fed purchase of gold, SDRs, a deposit denominated in a foreign currency or any other asset is just an open market ________ of these assets, ________ the monetary base
A) purchase; raising B) sale; raising C) purchase; lowering D) sale; lowering
Economics