Between late 2007 and 2012, the Fed's balance sheet:
A) remained about the same
B) more than doubled
C) more than tripled
D) rose tenfold
C
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Classical macroeconomic theorists argued that when households reduce consumption and deposit money into savings accounts, aggregate spending will:
A. increase because households will have more wealth. B. fall because banks typically make it difficult for businesses to borrow money. C. fall because consumers are saving instead of spending. D. not fall because banks will lend that money out to businesses.
Your boss asked you to research the purchasing habits of consumers near an underperforming store. You use your favorite search engine to look for information; however, you find nothing useful. All of these are possible reasons for this except _______________.
Fill in the blank(s) with the appropriate word(s).
Toyota purchases a truck factory in San Antonio, Texas. This purchase is entered into which of the balance of payment accounts?
A) capital and financial account B) current account C) foreign account D) official settlements account E) trade account
If the CPI this year is 240 and the CPI last year was 217, the inflation rate from last year to this year was
A) 1.11%. B) 9.0% C) 10.6%. D) 23%.