Capital payments usually represent ________ of income payments
A) two-third B) three-fourths C) one-fourth D) one-third
D
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The ability to use the too-big-to-fail policy was curtailed by the passage of the FDICIA
To use this action today, the FDIC must get approval of a two-thirds majority of both the Board of Governors of the Federal Reserve and the directors of the FDIC and also the approval of the A) Secretary of the Treasury. B) Senate Finance Committee Chairperson. C) President of the United States. D) governor of the state in which the failed bank is located.
The nation as a whole is better off from trade as long as the gains from the winners exceed the losses from the losers
Indicate whether the statement is true or false
Provided that firms have sufficient capital and labor to support an output increase, monetary and fiscal policy are likely to be the most effective when
A. prices and inventory stocks are both high. B. output is low and inventory stocks are low. C. output is low and inventory stocks are high. D. output and inventory stocks are both high.
The reason the substitution effect works to encourage a consumer to buy less of a product when its price increases is that
A) the real income of the consumer has been increased. B) the real income of the consumer has been decreased. C) the product is now relatively more expensive than it was before. D) other products are now relatively more expensive than they were before.