Impact investing involves investing money in:
A. firms to generate both financial and social returns.
B. entire industries to have an overall impact.
C. those economies with the largest finance gap.
D. None of these statements is true.
Answer: A
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Assume that the reserve requirement is 10 percent. A $1,000 cash deposit into a savings account will immediately increase the bank's required reserves by _____
a. $10,000. b. $500. c. $100. d. $1,500. e. $10.
Which one of the following provisions included in the Affordable Care Act (ACA) was responsible for the largest number of newly insured?
a. Insurance regulation that required coverage for individuals with pre-existing conditions b. Creation of the health insurance exchanges (later called marketplaces) c. Individual mandate d. Employer mandate e. Expansion of Medicaid
Starting from long-run equilibrium, a large tax increase will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. recessionary; lower; potential B. expansionary; lower; potential C. expansionary; higher; potential D. recessionary; lower; lower
In an economy in with no income taxes or imports, the multiplier equals
A) . B) . C) . D) . E) .