Bank runs are only a concern under a fractional-reserve banking system
a. True
b. False
Indicate whether the statement is true or false
True
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Considering the future
A) is irrelevant to macroeconomics. B) is key to macroeconomic modelling. C) has a limited impact on macroeconomic analysis. D) matters only under special circumstances.
The 1997-1998 Asian crisis began in
a. China. b. Japan. c. Taiwan. d. South Korea. e. Thailand.
In the 19th century, hospitals had notorious reputations—questionable places to visit, risky places to stay. A number of advances changed all this and led to the transition to the modern hospital system. Which of the following changes had nothing to do with the transition?
a. Advances in medical technology b. Availability of health insurance to pay the bills c. Urbanization d. An aging population and the increased incidence of chronic illness that followed e. Development of the germ theory of disease
A decrease in net taxation increases aggregate demand.
Answer the following statement true (T) or false (F)