The most common type of macroeconomic imbalance is overly expansionary fiscal policies that create large government budget deficits, often financed by a high growth rate of the money supply
Indicate whether the statement is true or false
TRUE
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Suppose Ariana deposits $75,000 in her bank. If the reserve ratio is 20 percent, this will lead to a maximum increase of ________ in checking account balances throughout all banks
A) $15,000 B) $375,000 C) $750,000 D) $1,500,000
Which of the following best describes a tradeoff?
a. An office executive enrolling into a management course to develop her skills. b. An investor buying stocks of a start-up company. c. A businessman investing a portion of company's profit in research and development. d. A college student sacrificing a few hours of study time to work at the town cafeteria. e. A worker purchasing a new car with her bonus earnings.
If crop dusting on your farm causes your neighbors to have sore throats, then crop dusting is creating
A. external costs. B. only explicit costs. C. internal costs. D. opportunity costs.
It shows the aggregate demand and aggregate supply schedule for a hypothetical economy.
Refer to the table above. If the quantity of real domestic output demanded increased by $1000 at each price level, the new equilibrium price level and quantity of real domestic output would be:
A. 150 and $2500
B. 250 and $2500
C. 200 and $2000
D. 300 and $3000