When analyzing the effects of ________, what primarily matters is the shape of the AS curve.
A. government spending
B. the Z factors
C. net taxes
D. all of the above
Answer: D
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Which of the following is included in M2?
I. money market mutual funds II. small-denomination certificates of deposit A) I only B) II only C) Both I and II D) Neither I nor II
Robert applied for health insurance but did not mention in the application form that his family has a history of heart ailments that are considered to be hereditary. What will happen if several customers like Robert purchase the insurance?
What will be an ideal response?
Are municipal tennis courts and municipal golf courses public goods? Why or why not?
The currency of the United States is:
A. backed dollar for dollar by gold. B. backed by a gold cover of 50 percent. C. not backed by any precious metal. D. backed by the government's silver reserves.