According to the theory of money, what is the most compelling evidence to use against those researchers or historians who believe that England was responsible for creating a shortage of money in colonial America?
(a) Colonial growth in commerce and trade proceeded.
(b) The colonists paid moderate rates of interest.
(c) Investment in colonial America occurred.
(d) Prices increased, rather than decreasing.
(d)
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Autonomous spending rises by $10 billion and Real GDP rises by $50 billion. What does the marginal propensity to save equal?
A. 0.10 B. 0.20 C. 0.80 D. 0.90 E. 0.50
When the rate of interest is 10 percent, the present value of $100 payable in two years is approximately
A. $80. B. $110. C. $100. D. $83.
The above figure shows the market for rice in Japan. S2 represents the domestic supply curve, and S1 represents the world supply curve. Suppose a free market exists. The smallest tariff necessary to completely eliminate imported rice is
A) $1 per unit. B) $2 per unit. C) $3 per unit. D) $4 per unit.
What is the relationship between deposit insurance and bank discipline in making investments?
What will be an ideal response?