After World War II millions of mortgages were provided by two federal government agencies, the __________ and the ____________.
Fill in the blank(s) with the appropriate word(s).
Veterans Administration; Federal Housing Administration
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For the Jones household it has been estimated that for every ten degrees increase in the outdoor temperature the consumption of ice tea increases by 5 glasses
What type of relationship exists between temperature change and the consumption of ice tea? A) negative relationship B) positive relationship C) no relationship D) maximum relationship
Which of the following is not an interest-earning asset of commercial banks?
a. Required reserves. b. Securities. c. Loans. d. All of these are interest-earning assets of commercial banks.
A cut in the income tax rate designed to encourage household consumption is an example of:
(a) Expansionary demand-side policy; (b) Contractionary demand-side policy; (c) Expansionary supply-side policy; (d) Contractionary supply-side policy.
Which of the following is generally accepted as a valid criticism of the production of useful goods and services?
A. government involvement B. the black market C. environmental pollution D. economic freedom