In the past few centuries, choices have led to a substantial decline in the standards of living around the globe.
Answer the following statement true (T) or false (F)
False
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The Federal Reserve reports that it has coins valued at $10 billion, bank reserves at the Fed of $15 billion, gold valued at $10 billion, Federal Reservesnotes of $400 billion, and U.S. government securities of $300 billion
What is the size of the monetary base?
How does a mutual fund lower transactions costs through economies of scale?
What will be an ideal response?
The idea behind clustering is that each part of a network is ___________ productive operating in isolation, so if governments can push each element of the cluster in unison, they should realize ___________ in productivity.
A. far more; huge gains B. far less; huge losses C. far less; huge gains D. far more; huge losses
Private goods are nonexclusive goods
Indicate whether the statement is true or false