Which of the following will increase aggregate expenditure in the United States?
A) an increase in the price level
B) an increase in the value of the dollar
C) an increase in interest rates
D) an increase in government purchases
D
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The basic coordinating mechanism in a free-market system is
A. the corporation. B. a central government authority. C. price. D. quantity.
Near monies are close substitutes for
A. commodity monies. B. transactions monies. C. token monies. D. fiat monies.
Under which circumstances could the marginal cost and average variable cost curves be one and the same?
What will be an ideal response?
Refer to the Article Summary. In 2015, the European Union initiated the BRRD program, where the burden of bailing out troubled banks is being placed on bank creditors, shareholders, and possibly depositors
If this program were to confiscate funds from bank deposits to assist troubled banks, the possibility of a bank run, a situation in which ________, would likely increase. A) a majority of the shareholders in a bank decide to sell off all their shares of stock. B) many depositors simultaneously decide to withdraw money from a bank. C) a bank stops paying interest on all of its interest-bearing accounts. D) a majority of the bank's loans go into default all at once.