Money supply would expand if people chose to hold borrowed funds in cash rather than in checking accounts
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
A market failure is a situation in which
A) resources are being efficiently allocated, but some companies are forced to shut down. B) the market equilibrium leads to either too many or too few resources going towards producing the good or service. C) the government must take actions to correct the failures of the market in a particular industry. D) there is no free entry or exit into an industry.
The largest in-kind transfer program is:
a. Transitory Assistance to Needy Families. b. Medicaid. c. Social Security. d. SNAP (food stamps).
The fundamental criticism from the efficiency perspective of AFDC and other antipoverty programs is that
A. they do not help families with unemployed fathers. B. the benefits are too low. C. they offer disincentives to earning income. D. the tax on this income is too low.
Refer to the information provided in Table 24.5 below to answer the question(s) that follow.Table 24.5All Numbers are in $ Million
Refer to Table 24.5. Which of the following variables is not considered autonomous?
A. planned government spending B. planned investment C. saving D. none of the above