Keynes stated that the amount of savings is based on ________________________ and the demand for investment funds is based on the _________________.
Fill in the blank(s) with the appropriate word(s).
individuals future demand for big ticket items; business firms desires for profit
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Merit goods are
a. goods that everyone wants b. goods that are rewards for appropriate behavior c. the same as public goods d. goods that some people think we need more of e. only produced by the government
With quantitative easing, the Fed purchases _____________________. With open market operations, the Fed purchases ______________________________
A) short-term and long-term government securities, as well as private sector bonds and securities; short-term government securities B) short-term government securities, only; long-term government securities, only C) long-term government securities, only; short-term government securities, only D) government securities, only; private sector bonds and securities
The mission, vision, and values provide the foundation for the strategic planning process.
a. true b. false
The basis for international trade is ______________ and ______________.
Fill in the blank(s) with the appropriate word(s).