The major categories of federal government spending are
What will be an ideal response?
health care, national defense, Social Security, and other income transfers.
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A rise in the price of a bond causes the yield of the bond to
A) rise. B) fall. C) remain unchanged. D) rise if it's a short-term bond, fall if it's a long-term bond.
When the prices of rare coins become volatile, the ________ curve for bonds shifts to the ________, everything else held constant
A) demand; right B) demand; left C) supply; right D) supply; left
Which one of the following will shift the investment curve in South Korea downward?
a. a series of major technological breakthroughs in South Korea b. lower tax rates in South Korea c. higher tax rates in South Korea d. tighter lending laws in South Korea e. a lower rate of capacity utilization in South Korea
A binding price floor is shown in
A. panel (b) only. B. neither panel (a) nor panel (b). C. panel (a) only. D. both panel (a) and panel (b).