Non-transactions deposits are different from transactions deposits in that
A) transactions deposits have unlimited check writing privileges while non-transactions deposits do not.
B) transactions deposits have limited check writing privileges while non-transactions deposits have unlimited check writing privileges.
C) transactions deposits have no check writing privileges while non-transactions deposits do.
D) transactions deposits have no check writing privileges while non-transactions deposits have limited check writing privileges.
A
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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
Privatization results in
a. a return to economic liberalism. b. a reduction in government economic functions. c. guaranteed improvement in consumer service. d. diminishing returns.
Refer to Figure 13-17. What is the allocatively efficient output for the firm represented in the diagram?
A) Qf units B) Qg units C) Qh units D) Qj units
Unemployment insurance typically replaces a worker's full earnings.
Answer the following statement true (T) or false (F)