The lack of long-term economic development in LDCs is evidence that economic markets fail to function efficiently

Indicate whether the statement is true or false


F

Economics

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In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, an increase in the reserve requirement ________ the demand of reserves and causes the federal funds interest rate to

________, everything else held constant. A) decreases; fall B) increases; fall C) increases; rise D) decreases; rise

Economics

Financial deregulation and innovation in the United States has greatly ________ the variety of financial market instruments savers can choose from and has also ________ the dominance of banks among the financial intermediaries

A) reduced, increased B) reduced, reduced C) increased, increased D) increased, reduced

Economics

During the postbellum period, per capita real output could not keep pace with population growth

Indicate whether the statement is true or false

Economics

Budget maximization by bureaus result in a smaller budget than that desire by the median voter

Indicate whether the statement is true or false

Economics