The subprime mortgage and global financial crisis of September 2008, resulted in mergers of big banks with healthier banks
Indicate whether the statement is true or false
true
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Why does the government provide benefits in-kind? Why don't we just give money to low-income people?
Who said that the economic profit in a purely competitive economy "will vanish in the subsequent process of competition and adaptation"?
A. Joseph Schumpeter B. David Ricardo C. Frank Knight D. Karl Marx
The inability of Congress to pass a stimulus package after September 11, 2001, could be used as an argument for
A. activist fiscal policy. B. activist monetary policy. C. expansionary fiscal policy. D. contractionary monetary policy.
Indicate whether each of the following situations would shift the supply curve to the left, to the right, or not at all
a. An increase in the price of an input b. An increase in productivity c. An increase in the price of a substitute in production d. A decrease in the expected future price of a product e. A decrease in the current price of the product