The tendency for increases in government purchases to cause reductions in private saving is known as the crowding-out effect.
a. true
b. false
Ans: b. false
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At the time of the Civil War the most important crop in the South was _________.
Fill in the blank(s) with the appropriate word(s).
The Dodd-Frank Act requires that each member of the board of directors personally certify the accuracy of financial reports
Indicate whether the statement is true or false
A decrease in the unemployment rate will shift the PPF outward from the origin
a. True b. False Indicate whether the statement is true or false
In May of 2003, the European Central Bank (ECB) decided to:
A. focus almost exclusively on money growth as their target. B. limit the role of interest rate targeting to be second in importance to money growth targeting. C. downgrade the role of money growth in their policymaking strategy. D. switch from an inflation target to a money growth target.