Which of the following is the formula for the government's budget deficit?
a. S - G
b. G -T
c. C + I + G
d. S + I
e. I + G
B
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At the end of the 1980s, bank regulators ________ various standards by which bank performance is measured thereby ________ banks willingness to lend
A) lowered, increasing B) raised, increasing C) lowered, decreasing D) raised, decreasing
Suppose the Fed makes a $5 million discount loan to a bank. Illustrate how this affects the balance sheets of the Fed and the banking system
What will be an ideal response?
Which group of people would be characterized as unemployed?
a. Those who are unwilling to work b. Those who are unable to find work c. Those who are unable to work d. Those who did not search for work e. Those who are too young to work
Why is barter less efficient than using money?
What will be an ideal response?