How much money would be loaned out if there was no usury law?
$250 billion
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Who promised "two cars in every garage and a chicken in every pot?"
A. Herbert Hoover B. Franklin D. Roosevelt C. Dwight D. Eisenhower D. John F. Kennedy
Assuming all else equal, if there is a contraction in the quantity of bank account balances, it will cause:
A) a downward movement along the demand curve for reserves. B) a leftward shift in the demand curve for reserves. C) a rightward shift in the demand curve for reserves. D) an upward movement along the demand curve for reserves.
Labor's share of national income is equal to ________
A) 1 - b B) WN/PY C) (W/P)/(Y/N) D) All of the above
One major difference between the aggregate supply curve and an individual supply curve isthe aggregate supply curve represents:
A. production in the economy as a whole rather than just one good or service. B. production in an entire market rather than just one firm. C. goods and services sold rather than the total actually produced by each firm. D. goods and services produced and actually sold by each firm.