To qualify for a small business loan, one must have up to _________ of the required capital to put into the business.
a. one-tenth
b. one-fifth
c. one-quarter
d. one-third
e. one-half
d. one-third
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Refer to Figure 9.2. At price 0H and quantity Q1, consumer surplus is the area
A) EDGF. B) 0FGQ1. C) HFGB. D) EFC. E) none of the above
Compare the macroeconomic performances in the 1990s of the following countries under the following exchange-rate regimes: floating exchange rates, Mexico and Brazil; capital control, China and Malaysia; and currency boards, Estonia and Hong Kong;
dollarization, Argentina.
Advocates of government-run employment agencies and public training programs believe they make job search more efficient
a. True b. False Indicate whether the statement is true or false
During an expansion, which of the following occur because of automatic stabilizers?
I. Income tax revenues tend to rise. II. Government transfer payments tend to rise. III. The government's budget deficit tends to fall or its budget surplus tends to rise. IV. They tend to amplify the rise in real GDP. A) I and III only B) I, II, and III only C) I, III, and IV only D) I, II, III, and IV