Most wealthy governments give aid through:
A. the Federal Reserve.
B. the United Nations.
C. the Peace Corps.
D. national development agencies or sectors of foreign affairs ministries.
D. national development agencies or sectors of foreign affairs ministries.
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The short run aggregate production function is subject to ________ if capital stock is increased, holding the total efficiency units of labor as constant
A) increasing returns to scale B) constant returns to scale C) decreasing returns to scale D) the Law of Diminishing Marginal Product
According to the misperceptions theory, after an unanticipated increase in the money supply has occurred, the SRAS curve must shift ________ to restore general equilibrium; as it does so, the price level ________
A) downward; rises B) downward; falls C) upward; rises D) upward; falls
If the federal funds rate falls below the discount rate, banks will decrease their borrowings from __________ and __________ their borrowings from __________. It follows that when one bank borrows from __________, reserves in the banking system __________
A) other banks; increase; the Fed; another bank; remain unchanged B) the Fed; decrease; other banks; another bank; remain unchanged C) other banks; increase; the U.S. Treasury; the Treasury; increase D) the Fed; increase; other banks; another bank; remain unchanged E) none of the above
A production possibilities curve
What will be an ideal response?