All ________ economies have been political dictatorships
A) centrally planned
B) mixed
C) market
D) mixed and market
Answer: A
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Refer to Table 25-2. Suppose a transaction changes a bank's balance sheet as indicated in the following T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank can make a maximum loan of
A) $0. B) $800. C) $7,200. D) $8,000.
When we are running a federal budget surplus, the national debt
A. is definitely rising. B. is constant. C. may be falling. D. is definitely falling.
The recessionary GDP gap represents the
A. Leakages minus injections. B. Amount by which aggregate demand must increase to reach full employment. C. Value of the goods and services that could be produced but were not due to unemployed resources. D. Amount by which actual investment differs from desired investment.
The Coase bargaining solution is named after:
A. Ronald Coase. B. John Coase. C. William G. Coase. D. Alexander Coase.