Has not been successful in reducing poverty among elderly Americans.
Answer the following statement(s) true (T) or false (F)
Ans: False
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Financial intermediaries are able to act as delegated monitors for individual savers because
A) other investors are unable to gain a free ride on their monitoring efforts. B) borrowers consider this role to be traditional for financial intermediaries and are willing to put up with it. C) the federal government has granted them waivers from laws protecting privacy. D) they employ a vast network of private detectives to carry out their monitoring role.
Which of the following is true for perfect competition, monopolistic competition, and monopoly?
a. The product of all firms is homogeneous. b. Firms will earn zero economic profits in the long run. c. Short-run profits are maximized when marginal cost equals marginal revenue. d. All of these.
Cut on tax & debt
What will be an ideal response?
The question "What is the best tax base?" is a normative question.
Answer the following statement true (T) or false (F)