During the 2008 crisis, the Fed demanded interest payments on reserves held at the Fed
a. True
b. False
Indicate whether the statement is true or false
False
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An increase in the income tax rate ________ the value of the tax multiplier
A) decreases B) increases C) has no effect on D) may increase or decrease
In the above figure, what quantity will a single-price monopolist produce?
A) Q1 B) Q2 C) Q3 D) Q4
According to the dependence theory, the developing world is known as the
a. backward areas. b. periphery. c. first world. d. center.
In a large open economy ________
A) the effect of shifts in saving and investment on the trade balance are in the same direction as in a closed economy B) the effect of shifts in saving and investment on net capital flows are in the same direction as in a closed economy C) the effect of shifts in saving and investment on the domestic real interest rate and the actual levels of saving and investment are in the same direction as in a closed economy D) all of the above E) none of the above