If we consume 85 percent of our income, our APS is
A. -0.15.
B. 0.
C. 0.15.
D. .85.
C. 0.15.
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When the Fed sells bonds on a mass scale
A) bonds go to the Fed, and dollars go into the banking system, so the money supply tends to rise. B) bonds go to the Fed, and dollars exit the banking system, so the money supply tends to fall. C) banks have fewer bonds and more dollars, so the money supply tends to rise. D) banks have more bonds and fewer dollars, so the money supply tends to fall.
Which of the following addresses agency costs?
a. spot checks of the quality of employee work b. hiring only from job fairs c. instituting longer work days d. reducing the number of holidays
Which of the following terms refers to the time it takes to determine that a recession has occurred?
a. recognition lag b. implementation lag c. legislative lag d. budgetary lag
With loose enforcement of a rent ceiling, ______.
Fill in the blank(s) with the appropriate word(s).