Small loans to entrepreneurs and small business owners in DVCs are referred to as:
A. human capital development projects.
B. microfinance.
C. capital flight promotion systems.
D. incubator lending.
B. microfinance.
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Which of the following is the largest component of M1?
A) traveler's checks B) savings deposits C) checking deposits D) currency
If the federal government tries to make fiscal policy sustainable by increasing taxes on wages, the opportunity cost of leisure will ________ and will result in ________ potential GDP
A) increase; lower B) decrease; higher C) decrease; lower D) increase; higher
A quota is
A) a government-imposed restriction on the quantity of a specific good that can be imported into a country. B) a tariff imposed on goods that are dumped into the home country. C) a tariff imposed on goods that are subsidized by their domestic governments and exported to other countries. D) a tariff based on the value of the imported good.
If frictional unemployment increased, but structural unemployment decreased by more, the natural rate of unemployment:
a. Would increase b. Would not change c. Would decrease d. Would be affected in an unpredictable manner