Which sector of our economy accounts for the largest percentage to total spending?
A. businesses
B. exports
C. households
D. government
Answer: C
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If the reserve ratio is 0.3 and a deposit of $1,000 is made to the bank, the bank can lend out $700
Indicate whether the statement is true or false
What is the expected dollar rate of return on euro deposits if today's exchange rate is $1.167 per euro, next year's expected exchange rate is $1.10 per euro, the dollar interest rate is 10%, and the euro interest rate is 5%?
A) 10% B) 11% C) -1% D) 0%
If products similar to the intermediate good can be bought externally, an approximation of the correct transfer price is
a. average costs b. average fixed costs c. average variable costs d. the market price
The task of economic regulation is to:
a. protect monopoly profits. b. approximate the results of the competitive market. c. replace competition with government ownership. d. ensure laissez faire. e. increase competition within the market.