The fact that there are so many diverse ways for businesses to raise money is
A. the reason Congress established the Federal Reserve in 1913.
B. one of the strengths of the US economy.
C. an impediment to well-functioning monetary policy.
D. one of the causes of the Financial Crisis of 2007-2009.
Answer: B
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If the price of Sea World tickets increased what might we expect to see happen to tickets for Disneyland?
A. Decreased supply of Disneyland tickets B. Increased demand for Disneyland tickets C. Decreased demand for Disneyland tickets D. Increased supply of Disneyland tickets
Which of the following factors of production is likely to be most productive?
a. A certified doctor working in a well-equipped hospital b. A medical student working as a volunteer in a rural health clinic c. A trained nurse without access to the latest medical technology d. A knowledgeable chemist without a degree in medical sciences e. A specialist doctor working in a hospital with poor infrastructure
How does fairness differ from equality?
At each round of the multiplier process, increases in income:
a. leak out of the expenditures stream in the form of investment and taxes. b. leak out of the expenditures stream in the form of saving and imports. c. are matched by a smaller increase in expenditures. d. result in even greater increases in expenditures due to investment and exports. e. result in no change in total expenditures.