The U.S. Treasury used the First Bank of the United States for all of the following purposes except _____.
(A) To issue representative money.
(B) To set interest rates.
(C) To hold money generated by taxes.
(D) To help the government carry out its powers to tax.
Ans: (B) To set interest rates.
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If a buyer enjoys a consumer surplus of $25 when he purchases a good for $50, his willingness to pay for the good is ________
A) $2 B) $25 C) $50 D) $75
Which of the following would shift the aggregate demand curve to the right?
a. Increases in government purchases, investment spending, autonomous consumption, taxes, or the money supply b. Increases in government purchases, investment spending, autonomous consumption, or the money supply c. Decreases in government purchases, investment spending, autonomous consumption, taxes, or the money supply d. Increases in government purchases, investment spending, autonomous consumption or taxes e. Decreases in government purchases or investment spending, and increases in autonomous consumption, taxes, or the money supply