In 1776, the American Revolution was sparked by anger over
a. the extravagant lifestyle of British royalty.
b. the crimes of British soldiers stationed in the American colonies.
c. British taxes imposed on the American colonies.
d. the failure of the British to protect American colonists from attack by hostile Native Americans.
c
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In the aggregate demand curve, the endogenous variable is ________
A) output B) inflation C) the real interest rate D) real money balances E) none of the above
To finance a federal budget deficit, the U.S. Treasury borrows by selling:
a. Treasury bills. b. Treasury notes. c. Treasury bonds. d. All of these.
According to economist Benjamin Friedman, sustained economic growth can make people more willing to work toward improving the environment and reducing poverty
Indicate whether the statement is true or false
If you own a share of stock in a company and the risk associated with its business rises you would expect
A. a bubble. B. a capital loss. C. a higher dividend. D. a capital gain.