The term "depository institution" refers to
A) savings and loan associations only.
B) commercial banks, credit unions, and savings and loan associations.
C) credit unions only.
D) commercial banks only.
B
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Even though free trade creates gains, some people still object to free trade because of the way those gains are distributed
Indicate whether the statement is true or false
An increase in taxes will cause the consumption schedule to
A. shift upward. B. shift downward. C. remain fixed as the economy moves upward along the schedule. D. remain fixed as the economy moves downward along the schedule.
The current U.S. economy is based primarily on the production of
A. Agricultural goods. B. Goods for federal government use. C. Services. D. Manufacturing goods.
The four-firm concentration ratio for the cigarette market is 93%. This means that:
A. the four largest firms in the market produce 93% of the total market output. B. the market is an oligopoly. C. there is a high degree of concentration in the cigarette market. D. All of these