Do you believe that class size reductions will help student performance?
What will be an ideal response?
Answers will vary, but should mention that the empirical evidence has been mixed in this
regard.
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A bank with insufficient reserves can increase its reserves by
A) lending federal funds. B) calling in loans. C) buying short-term Treasury securities. D) buying municipal bonds.
A tax cut ________ disposable income, ________ consumption expenditure, and shifts the IS curve to the ________, everything else held constant
A) increases; increases; right B) increases; decreases; right C) decreases; increases; left D) decreases; decreases; left
The intersection between the long-run aggregate supply and aggregate demand curves determines the:
a. marginal product. b. both level of full-employment real GDP, and average level of prices (CPI). c. average level of prices (CPI). d. level of full-employment real GDP.
The advertising dilemma is that advertising competition leads to more and more outrageous claims on behalf of products.
Answer the following statement true (T) or false (F)