One way that governments can improve market outcomes is to ensure that individuals are able to own and exercise control over their scarce resources
a. True
b. False
Indicate whether the statement is true or false
True
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If a customer deposits $10,000 into a bank, how much money would the bank be capable of lending to an eligible loan applicant if this bank retains 20 percent of the deposit to cover withdrawals?
(A) About $9,000 (B) About $8,000 (C) About $2,000 (D) About $7,000
? Along the short-run aggregate supply curve (SRAS), an increase (rightward shift) in the aggregate demand curve will increase:
A. ?both the price level and real GDP. B. real GDP without raising the price level. C. the price level without affecting real GDP. D. ?the price level but reduce real GDP.
If a country grows at an average rate of 3.5 percent per year, we can estimate it will double its:
A. growth rate in 20 years. B. growth rate in 70 years. C. real GDP per capita in 20 years. D. real GDP per capita in 70 years.
A partnership is ________ type of business
A) the most profitable B) the most common C) the least risky D) the least common