Real-world applications of deposit-refund systems include
a. programs implemented through state bottle bills
b. initiatives aimed at proper disposal of lead-acid batteries
c. programs that create incentives to return scrapped vehicles
d. all of the above
e. none of the above
d. all of the above
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Lerner's view on debt financing is
A. Future generations bear a burden of external debt. B. Burden of debt can be transferred across generations. C. Internal debt creates no burden for the future generations. D. Government debt crowds-out the available funds for private sector.
Mutual funds that are composed of corporate and government bonds are known as:
a. risk-adjusted funds. b. global funds. c. equity funds. d. fixed-income funds. e. money market funds.
If 400 apple pies are sold at $4 per pie, but 600 apple pies are sold at $3 per pie, we know: a. that the demand for pies is elastic over that price range
b. that the demand for pies is inelastic over that price range. c. that the demand for pies is unit elastic over that price range. d. nothing about the elasticity of demand.
Which of the following will limit the money creation process to an amount less than the potential amount?
What will be an ideal response?