Economic models are built with

a. recommendations concerning public policies.
b. facts about the legal system.
c. assumptions.
d. statistical forecasts.

c

Economics

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John Maynard Keynes argued that the creation of wealth is properly the concern of government , not the concern of individuals .

A True B False

Economics

The shadow banking system refers to

A) nonbank financial intermediaries. B) banks that operate in the underground economy. C) banks that lend exclusively to foreign governments. D) all banks that are insured by the Federal Deposit Insurance Corporation.

Economics