Recall the Application. By the end of the last phase of quantitative easing in late 2014, that value of the Fed's assets was
A) $1 trillion. B) $2 trillion. C) $3 trillion. D) $4.5 trillion.
D
Economics
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Which of the following is TRUE?
A) For an inferior good, when income increases, the demand curve shifts leftward. B) The demand curve for a good shifts leftward when the price of a substitute rises. C) If consumers expect the price of a good will rise in the future, the demand curve shifts leftward. D) An increase in population shifts the demand curve for most goods leftward.
Economics
Statistics show that China will soon overtake the United States in terms of per capita GDP
a. True b. False
Economics