An increase in bond prices accompanies a decrease in interest rates.
a. true
b. false
Ans: a. true
Economics
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The long-run aggregate supply curve is horizontal
Indicate whether the statement is true or false
Economics
Which of the following is a bank liability?
A) reserves B) consumer loans C) nontransaction deposits D) securities
Economics
Households buy in the resource market and sell in the product market
Indicate whether the statement is true or false
Economics
Suppose that if your income is $20,000, your tax is $4,000, but if your income is $40,000, your tax is $8,000. Such a tax is
A. Regressive. B. Proportional. C. Progressive. D. A merit tax.
Economics