Refer to the scenario above. The principal in this case is ________

A) $10
B) $300
C) $3,000
D) $3,300


C

Economics

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Which of the following can the government not use directly to control the economy?

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The optimal mix of output may not be produced by an economy because of the existence of

A. Inequity. B. Production possibilities. C. Internalities. D. Underproduction of public goods.

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Under international trade we export those goods for which we have a relatively low

A. materials cost. B. wage cost. C. accounting cost. D. opportunity cost.

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Assume a money multiplier of 3. If the Treasury finances a $30 million expenditure by selling securities to the Fed, the effect of this transaction on the money supply is that it will

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Economics