Refer to Figure 14.2. A movement from point a to point b could be caused by a(n):
A. increase in government spending.
B. decrease in the price of oil.
C. decrease in taxes.
D. decrease in short-run aggregate supply.
Answer: B
Economics
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Refer to the scenario above. Which of the following problems arises in this scenario?
A) Low transaction costs B) The free-rider problem C) Moral hazard D) A negative externality
Economics
Stagflation occurs when aggregate supply and aggregate demand both increase
Indicate whether the statement is true or false
Economics
When a corporation issues a bond, it is borrowing funds.
Answer the following statement true (T) or false (F)
Economics
If the reserve ratio is 5 percent, then $600 of additional reserves can create up to
a. $30 of new money. b. $3,000 of new money. c. $12,000 of new money. d. None of the above is correct.
Economics