A rapid increase in the availability of credit to previously underserved borrowers is likely ________
A) to result from financial liberalization
B) to improve the allocation of capital
C) to confirm the merits of microcredit
D) to result from deleveraging
A
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Which of the following statements is true of the U.S. economy before 1800?
A) The U.S. economy was growing at an average rate of more than 6% per annum. B) There were no major achievements in arts. C) Sustained economic growth was rare or absent in the U.S. economy. D) There were no major achievements in science and technology.
A decrease in taxes should be applied in a situation with
A) a recessionary ga
An increase in consumer incomes will lead to
A) a rightward shift of the demand curve for plasma TVs. B) a movement upward along the demand curve for plasma TVs. C) a rightward shift of the supply curve for plasma TVs. D) no change of the demand curve for plasma TVs.
The statistical analysis of economic data is referred to as:
A. econometrics. B. calculus. C. deductive reasoning. D. microeconomics.