The original European Economic Community
A) was a free trade area.
B) had 12 countries.
C) had a common language.
D) was a customs union.
A
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The Do-Good Company produces goods that provide benefits to society-at-large. If consumers of Do-Good's products fail to take external benefits into account
A) the demand curve will be too far to the left. B) the supply curve will be too far to the left. C) the demand curve will be too far to the right. D) the supply curve will be too far to the right.
Keynesians identify three principal motives for demanding money. They are the
a. transactions motive, precautionary motive, and liquidity motive b. transactions motive, precautionary motive, and convertibility motive c. transactions motive, speculative motive, and volatility motive d. transactions motive, speculative motive, and liquidity motive e. transactions motive, speculative motive, and precautionary motive
When a check is written on an account at Bank A and deposited in Bank B, the reserve account of __________ will rise and reserves of the entire banking system will __________
A) Bank A; rise B) Bank A; remain constant C) Bank B; rise D) Bank B; remain constant
Which of the following is a final good or service?
a) a haircut purchased by a father for his 12 year-old son b) fertilizer purchased by a farm supplier c) diesel fuel bought for a delivery truck d) Chevrolet windows purchased by a General Motors assembly plant