Which of the following is the most direct cause of lung cancer?
a. smoking cigarettes
b. buying lighters
c. giving a packet of cigarettes to someone
d. watching actors on TV smoking cigarettes
a. smoking cigarettes
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Efficient production can be carried out anywhere on or beyond the production possibilities frontier.
Answer the following statement true (T) or false (F)
The country in which banks are classified as city banks, regional banks, and special purpose financial institutions is
A) the United Kingdom. B) the United States. C) Japan. D) Germany.
A contractionary monetary policy is most likely to reduce output with little impact on inflation when the economy
a. is near full employment and the aggregate supply curve is horizontal. b. is near full employment and the aggregate supply curve is vertical. c. has substantial unemployment and the aggregate supply curve is vertical. d. has substantial unemployment and the aggregate supply curve is horizontal.
The money supply can be increased by decreasing the required reserve ratio.
Answer the following statement true (T) or false (F)