According to the textbook, many people believe that the character Dorothy, in the book The Wonderful Wizard of Oz, represents
A) presidential candidate Barry Goldwater.
B) President Abraham Lincoln.
C) President William McKinley.
D) presidential candidate William Jennings Bryan.
D
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Which of the following is a transactions account?
a. Currency b. Travelers' checks c. A savings account d. A credit card balance e. A demand deposit
Which of the following was a cause of the savings and loan crisis that occurred in the 1980s?
a. the increasing rates of inflation throughout the 1970s b. savings and loans investing in high-risk ventures including real estate projects c. government deregulation in the 1980s d. all of the above
OECD data for 1960 through 1999 indicates that a 10 percent increase in government expenditures as a percent of GDP
a. increases economic growth by about 5 percent. b. increases economic growth by about 2 percent. c. has no effect on economic growth. d. reduces economic growth by about 1 percent.
List the four ways to explain unemployment in the long run