The current deficit minus net interest is called the
A) primary deficit.
B) net current deficit.
C) current surplus.
D) primary current deficit.
D
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Under what situations will a colluding firm cheat?
What will be an ideal response?
An increase in the amount of excess reserves held by a bank helps to increase the economy's money supply
a. True b. False Indicate whether the statement is true or false
Some contend that the outcome of any free market is ultimately inequitable because
A. periods of unemployment and inflation still occur. B. public goods will be underprovided by the government. C. some people become rich while others remain very poor. D. firms are not forced to take external costs into account.
The curve in the above figure will shift to the right when
A) the price level falls. B) the proportion of the population that is elderly increases. C) population falls. D) technology increases.