The slope of a curved line is constant.
Answer the following statement true (T) or false (F)
False
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In the United States, domestic investment is greater than national saving
Indicate whether the statement is true or false
Assume that the commercial banking system has checkable deposits of $10 billion and excess reserves of $1 billion at a time when the reserve requirement is 20 percent. If the reserve requirement is now raised to 30 percent, the banking system then has:
A. excess reserves of $2 billion. B. neither an excess nor a deficiency of reserves. C. a deficiency of reserves of $.5 billion. D. excess reserves of only $.5 billion.
The notion that the government becomes the tool of the rent seeker and makes the allocation of resources even less efficient than before is known as ________ and is described in ________.
A. government failure; public choice theory B. discrimination; conspiracy theory C. collusion; conspiracy theory D. rent-seeking; public choice theory
Kyle and Stan are playing Odds or Evens, where Kyle is designated as the "odd" player and Stan is designated as the "even" player. They decide to play the game 10 times. If Kyle plays his ideal mixture, Stan's expected payoff is zero w
A) plays a pure strategy of "shoot 1." B) plays a pure strategy of "shoot 2." C) plays his ideal strategy. D) All of the above are correct.