In recent years, U.S. foreign aid has been:
A. less than 1 percent of its output.
B. about 2 percent of its output.
C. about 3 percent of its output.
D. about 5 percent of its output.
A. less than 1 percent of its output.
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How will a decrease in price tend to affect supply?
A. Supply will increase. B. Supply will decrease. C. Supply will not change. D. Uncertain.
An economy growing at a steady rate of 2.3 percent per year doubles in size approximately every __________ years
A) 50 B) 35 C) 30 D) 43
The lag between the time at which a policy is put in place and the time that policy affects the economy is called
A) the recognition lag. B) the impact lag. C) the implementation lag. D) the theoretical lag.
Which of the following allow banks to minimize the cost to a business of borrowing?
I. Borrowing long and lending short II. Raising funds from a large number of depositors III. Creating money by lending all their reserves A) I only B) II only C) I and III D) II and III