Which of the following is a checkable deposit?
A) a NOW account
B) a money market deposit account
C) a certificate of deposit
D) a savings account
A
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Other things equal, which of the following will lead to an increase in output and employment?
A) The federal government decides to eliminate the Department of Education. B) The federal government implements a national value-added tax (VAT). C) The federal government passes a tax incentive for firms that employ returning war veterans. D) The federal government reduces the duration and amount of unemployment benefits.
Country Costa and Country Delta initially have the same real GDP per capita. Country Costa experiences no economic growth, while Country Delta grows at a sustained rate of 3.5 percent. In 20 years, Country Delta's GDP will be approximately ___________ that of Country Costa.
a. triple b. double c. one-half d. one-fourth
A rise in price will always result in an increase in the total amount consumers spend on a product
a. True b. False Indicate whether the statement is true or false
the government created a new tax credit to encourage businesses to build more factories
What will be an ideal response?