The following is an investment schedule. Investment spending is in billions of dollars.
Refer to the data in the table above. When the government runs a budget deficit and issues more Treasury securities, crowding out would occur if:
A. The interest rate is at 0%
B. The interest rate rises
C. The interest rate falls
D. The interest rate stays high at 8%
B. The interest rate rises
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By the early sixteenth century, the center of wealth and commerce of Europe had shifted:
a. from the Baltic to the Mediterranean. b. from the Mediterranean to the Atlantic. c. from Italy to North Africa. d. from France to Africa.
Rational ignorance might explain low voter turnout because people apply marginal analysis to voting
a. True b. False Indicate whether the statement is true or false
Explain how each of the following industries practices price discrimination:
a. movie theaters b. airlines c. auto dealers d. U.S. Postal Service
Which of the following is true about the Bitcoin:
a. Bitcoin transactions are not cleared through clearing houses, such as Mt. Gox. b. Bitcoin has a fixed exchange rate relative to the U.S. dollar and other currencies. c. A Bitcoin can be purchased and sold via foreign exchange dealers, just like the dollar or euro. d. Bitcoin transactions are highly visible and, therefore, taxable events.