If a mutual fund with a back-end-load is not sold within the stipulated time period, the investor is not required to pay any fee to the fund manager
a. True
b. False
Indicate whether the statement is true or false
True
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What do increases in consumer and business confidence lead to?
a. Higher consumption and lower investment demand b. Lower consumption and investment demand c. Higher consumption and investment demand d. Lower consumption and higher investment demand
The U.S. economy rarely grows
a. True b. False Indicate whether the statement is true or false
Medicare subsides will cause people to
A. consume more medical services than in the absence of the subsidies. B. consume the same amount medical services as they would if there were no subsidies. C. be sicker because of inferior care. D. consume less medical services than in the absence of the subsidies.
The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A