If the government collects taxes to pay for expenditures of an equal amount, bank reserves
A) are unaffected.
B) rise by an equal amount.
C) rise by a multiple amount.
D) fall by an equal amount.
A
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What are the two ways in which extractive institutions affect the number of entrepreneurs in a nation?
What will be an ideal response?
The government office that declares official periods of recession and depression is the:
A. National Bureau of Economic Research. B. Bureau of Labor Statistics. C. Congressional Budget Office. D. Federal Reserve Board.
If the supply of loanable funds curve shifts right, then the equilibrium
a. interest rate and level of net capital outflows rise. b. interest rate rises and the equilibrium level of net capital outflow falls. c. interest rate falls and the equilibrium level of net capital outflow rises. d. interest rate and level of net capital outflows fall.
The impact of technological change in the health care area has been to
A) reduce the quality of health care while raising the costs. B) reduce the cost of health care. C) increase the quality of health care while decreasing the costs. D) increase both the quality of health care and the costs of health care.