Examples of thrift institutions include
A) savings deposits and checking deposits.
B) commercial banks, savings and loan associations, and insurance companies.
C) savings and loan associations, savings banks, and credit unions.
D) money market mutual funds, commercial banks, and credit unions.
C
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Maximum employment and moderate long-term interest rates are best achieved with
A) price stability. B) high and variable inflation rates. C) high real interest rates. D) high and stable inflation rates. E) high short-term interest rates.
The production possibility table below is for growing broccoli and asparagus in a 320-square-foot garden in one season.Production PossibilityBroccoliAsparagus30020181026030 Which curve on the graph on the right corresponds to this table?
A. I B. II C. III D. IV
Resource prices will fall and short-run aggregate supply will increase if
What will be an ideal response?
The long-run supply curve for a purely competitive industry would be horizontal when:
A. An increase in product demand causes an increase in resource prices B. An increase in product demand causes a decrease in resource prices C. A decrease in product demand causes a decrease in the number of firms D. A decrease in product demand causes no effect in resource prices