Refer to the information provided in Figure 6.14 below to answer the question(s) that follow.
Figure 6.14Refer to Figure 6.14. Jason cannot afford the bundle represented by point
A. E.
B. B.
C. C.
D. D.
Answer: D
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Of all financial intermediaries which holds the most assets?
A) pension funds B) commercial banks C) insurance companies D) hedge funds
One of the functions of the Federal Reserve System is the
a. issuance of federal government bonds b. collections of tax revenues from banks c. spending of federal funds on construction projects d. manufacturing of coins e. clearing of checks between banks located in different parts of the country
Due to an increase in real GDP:
a. Real consumption rises and real gross private domestic investment falls. b. Real consumption rises and real net exports fall. c. Real gross private domestic investment rises and real net exports rise. d. Real consumption rises and real gross private domestic investment remains the same. e. None of the above.
Use the following table to answer the next question.YearReal GDPPopulation2008$20,000200200940,000400201060,000400201170,000500Real GDP per capita ________ between 2010 and 2011.
A. remains constant B. increases C. decreases D. cannot be calculated