In the era of free agency, small market franchises in baseball
A. can only make money when they win games.
B. often must choose between making money and winning games.
C. will lose money regardless of whether they win games.
D. will make money whether or not they win games.
Answer: B
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While the Brady Plan did not end the debt crisis, it was a significant step toward greater stability in the Latin American region
Indicate whether the statement is true or false
If the public has correct rational expectations and the Fed reduces both reserve requirements and the discount rate, it would be expected to result in: a. a higher level of real output and a lower price level. b. a lower price level but no change in real output
c. a higher price level and a reduced level of real output. d. a higher price level but no change in real output.
Government spending on interstate highways, public housing facilities, and defense projects are all ways that the president can
a. close a recessionary gap b. close an inflationary gap c. combat inflation d. shift the aggregate demand curve to the left e. reverse the paradox of thrift
Based on this graph, which of the following shifts would cause the greatest decrease in money supply?
a. a shift from i2 to i1
b. a shift from i1 to i*
c. a shift from i* to i2
d. a shift from i1 to i2