The predominant form of household debt is
A) consumer installment debt.
B) collateralized debt.
C) unsecured debt.
D) unrestricted debt.
B
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How does price serve as a signal to resource owners?
What will be an ideal response?
Crop lien laws that existed in the South in the late 19th century:
a. allowed country stores to require debtors to repay their debts in cotton. b. led to the under-production of cotton. c. protected sharecroppers from exploitation by banks and other lending institutions. d. redistributed property by providing small farms for freed slaves. e. All of the above.
By changing its regulations, the Fed ___ force the banking system to increase the money supply; by changing its regulations, the Fed ____ force the banking system to decrease the money supply:
a. Can; can b. Can; cannot c. Cannot; can d. Cannot; cannot.
Monopolistic competitors and perfect competitors are alike in
A. having horizontal demand curves. B. zero economic profit in the short run. C. zero economic profit in the long run. D. relying on advertising to attract buyers to their products.