Agriculture in India is protected because
A) it is not an important source of employment.
B) it is an infant industry.
C) it is important for national security.
D) it is relatively inefficient.
D
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If the Fed sells government securities to the general public in the open market, the ________.
A. public gives the securities to the Fed in exchange for a Fed check, which when deposited at commercial banks will increase their reserves at the Fed B. Fed gives the securities to the public; the public pays for the securities by writing checks that when cleared will decrease commercial bank reserves at the Fed C. Fed gives the securities to the public; the public pays for the securities by writing checks that when cleared will increase commercial bank reserves at the Fed D. public gives the securities to the Fed in exchange for a Fed check, which when deposited at commercial banks will decrease their reserves at the Fed
The annual price of a one dollar loan is referred to as the:
A) service tax. B) rate of interest. C) discount value. D) principal.
If the MPC is 0.70, then the spending multiplier is equal to:
a. 0.70. b. 0.30. c. 0.14. d. 3.33. e. 5.
Which of the following is a decision that economists study?
a. how much people work b. what people buy c. how much money people save d. All of the above are correct.