Transaction deposits
A) are deposits in a thrift institution or a commercial bank on which a check may be written.
B) are only deposits that you can check on through the Internet.
C) include savings accounts.
D) are accounts that pay interest to the depositor.
A
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The two main reasons why international trade is restricted is because restricting trade means that governments can ________ and because domestic businesses ________
A) create jobs; earn profits B) obtain revenue; rent seek C) rent seek; want to dump D) prevent dumping; want to dump E) rent seek; obtain revenue
The question "What are you going to do with that major?" implicitly questions
A) how much you learn in that major. B) whether the major should be offered on campus. C) how much the market values the human capital developed in the major. D) western bias.
During the early years of the Reagan administration, some of the presidential advisors argued that tax cuts could reduce inflation because they would give people an incentive to produce more. Critics of this argument believed that tax cuts would increase inflation, not reduce it. The critics were arguing that tax cuts move the:
A. long-run aggregate supply curve to the right with little change in aggregate demand. B. aggregate demand curve to the right with little change in long-run aggregate supply. C. aggregate demand curve to the left with little change in long-run aggregate supply. D. long-run aggregate supply curve to the left with little change in aggregate demand.
The nation has its own MPC. When disposable income increases from $300 billion to $400 billion, national consumption increases from $300 billion to $360 billion. At Y = $400 billion, the MPC is:
A. 0.2. B. 0.5. C. 0.6. D. 0.67.