During an election year, the federal government would mostly likely increase _____
a. tax rates
b. interest rates
c. the discount rate charged to commercial banks
d. the minimum reserve requirement of commercial banks
e. government purchases of goods and services
e
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Provide a concise statement about the relationship between population growth and absolute poverty, female wages, rural-urban migration, availability of pensions, availability of healthcare, availability of education, and rate of investment
What will be an ideal response?
Price floors in agriculture lead to
A) efficient farming techniques being employed. B) surpluses of supported farm products. C) more competition in farming. D) the most efficient market solution.
An expansionary monetary policy will
a. increase imports. b. decrease exports. c. increase a current account deficit. d. decrease a capital account surplus.
If actual reserves in the banking system are $8,000, checkable deposits are $70,000, and the legal reserve ratio is 10 percent, then excess reserves are:
A. zero. B. $1,000. C. $2,000. D. $500.