Residential housing consumption is not affected by U.S. personal income taxes.
A. True
B. False
C. Uncertain
B. False
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The key defining feature of oligopoly, in addition to firms' market power, is
a. collusion. b. free entry and exit. c. firms take rivals' actions into account. d. the Prisoner's Dilemma.
The two most important categories of assets on the Fed's balance sheet are ________ and ________ because they earn interest
A) discount loans; coins B) securities; discount loans C) gold; coins D) cash items in the process of collection; SDR certificate accounts
Keynes' great book offered the promise of ending depressions through
a. investors reacting to lower interest rates. b. consumers taking over the ownership of factories. c. government nationalizing key industries. d. government influencing aggregate demand.
Which of the following areas of the world experienced virtually no change in its poverty rate from 1981 to 2010?
A. sub-Saharan Africa B. China C. India D. South Asia