A $100 deposit into my checking account at My Bank increases my checkable deposits by $100, and the bank's ________ by $100

A) reserves
B) loans
C) capital
D) securities


A

Economics

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If a household has a single woman and three kids, has a standard deduction of $6,300, has itemized deductions of $5,650, and personal exemptions of $12,000 (3*$4,000), then the first ________ of income is federal income tax free.

A. $28,950 B. $17,650 C. $11,950 D. $18,300

Economics

At a level of output equal to the economy's potential, the simple spending multiplier in the long run equals one

a. True b. False Indicate whether the statement is true or false

Economics

In a planned socialist economy, the dictator should dislike:

a. Horizontal transactions b. Monetary policy c. Ruble control d. Fiscal policy e. All of the above

Economics

Name at least three causes of unemployment.

What will be an ideal response?

Economics