When a bank's loans are written off, it means that the bank's:
A. Reserves are reduced, while its debt increases
B. Reserves rise along with its debt
C. Reserves fall along with its debt
D. Reserves shrink, whereas its debt remains the same
D. Reserves shrink, whereas its debt remains the same
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When the Dallas Cowboys score more than 30 points in a game, they win the game. This is an example of
A) an economic theory. B) a correlation. C) an incentive to win the game. D) a normative statement. E) a statement on the margin.
The developing countries have been catching up to the lower-income industrial countries in terms of economic growth
Indicate whether the statement is true or false
As an individual moves northwest along an indifference curve substituting more and more Y for X, his or her MRS of X for Y
a. increases. b. decreases. c. stays the same. d. changes in a way that cannot be determined.
Antitrust laws are designed to
a. preserve competition. b. protect the environment. c. protect the public's trust in the government. d. all of the above.