One type of financial intermediary now rising in relative importance is
A) pension funds.
B) banks.
C) savings-and-loan associations (S&Ls).
D) life insurance companies.
A
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Public universities, by charging tuition ________ the marginal cost of education, ________ the number of students
A) below; decrease B) below; increase C) above; decrease D) above; increase
Aggregate demand is the sum of total domestic spending by the private sector.
Answer the following statement true (T) or false (F)
Table 28.2 Firm AFirm BFirm CFirm DExternal Costs$0$________175$________Private Costs400250175200Social Costs________350$________250In Table 28.2, which firm has the greatest difference between social and private costs?
A. Firm A. B. Firm B. C. Firm C. D. Firm D.
Which of the following has NOT been proposed as a possible economic solution to reducing the government deficit?
A) increasing taxes for everyone B) reducing expenditures C) increasing the number of entitlements D) increasing taxes for the rich