When the Fed makes open-market purchases bank
a. withdrawals and lending increase.
b. withdrawals increase and lending decreases.
c. deposits and lending increase.
d. deposits increase and lending decreases.
c
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Which of the following was not a factor contributing to the debt crisis in Latin America?
(a) The oil shocks. (b) Trade liberalization in many developing countries. (c) An increase in global interest rates. (d) A lack of investment opportunities in the developed countries. (e) All of the above.
If disposable income rises from $15,000 to $20,000 and the marginal propensity to consume equals 0.9, then saving must increase by $500
a. True b. False Indicate whether the statement is true or false
The Paris Bataclan massacre by Al-Qaeda, which struck a French target that was lightly defended, was an example of the "rational terrorist's"
A. compression effect. B. marginalist technique. C. substitution effect. D. diversion technique.
The average tariff on imports into the United States is less than 5 percent.
Answer the following statement true (T) or false (F)