Complete Milton Friedman's famous statement, "Inflation is always and everywhere a ________ phenomenon."
A) recessionary
B) discretionary
C) repressionary
D) monetary
D
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In the era of free agency, small market franchises in baseball
A. can only make money when they win games. B. often must choose between making money and winning games. C. will lose money regardless of whether they win games. D. will make money whether or not they win games.
Land ownership or land tenure in colonial America was primarily acquired by settlers through
(a) purchase and the legal transfer of deeds from Native Americans. (b) the King granting property to favored individuals in feudal-like fashions. (c) "squatting" or freely settling and cultivating the land to gain private ownership over land. (d) purchase or otherwise legal transfer of deeds from colonial officials who received their rights to the land from the king of England.
Political and social desires to increase the "quality of life" in the U.S. led to an increase in the federal funding of public libraries, television and radio as well as increases and broadened uses of federal lands, waters and parks
Indicate whether the statement is true or false
Assume that a perfectly competitive financial market for loanable funds is in equilibrium. Which of the following is most likely to occur to the quantity demanded and quantity supplied of loanable funds if the government imposes an effective interest rate ceiling?
A) Increase/Increase B) Increase/Decrease C) No change/No change D) Decrease/Increase E) Decrease/Decrease