The real business cycle theory focuses on the impact that changes in long-run aggregate supply will have on the business cycle
Indicate whether the statement is true or false
True
Economics
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___________ economics led to the creation of the communist state in Russia, Cuba, and other nations.
A. Malthusian B. Marxist C. Smithian D. None of these choices are correct
Economics
If the Fed buys $10 million dollars in government securities, and the required reserve ratio is 20 percent, the banking system is able to expand the money supply by:
A. $10 million. B. $50 million. C. $2 million. D. $40 million.
Economics
If we tried to pay off the national debt within a few years we would definitely have a _____.
Fill in the blank(s) with the appropriate word(s).
Economics
Farm support programs most often take the form of price floors, which cause excess demand.
Answer the following statement true (T) or false (F)
Economics