A bank that maintains high NSF fees might also have relatively __________ loan rates, both part of a strategy to attract __________-than-average borrowers

Which of the following statements is true of the Europeans in the period of colonization?

A) Europeans set up extractive economic institutions in all areas. B) Europeans set up relatively extractive economic institutions in areas that had greater population densities. C) Europeans set up relatively inclusive economic institutions in areas that had greater population densities. D) Europeans set up inclusive economic institutions in all areas.

Refer to Figure 17-1. Suppose that the economy is currently at point A on the short-run Phillips curve in the figure above, and the unemployment rate at A is the natural rate

If the economy was to move to point C, which of the following must be true? A) Equilibrium GDP at point C must be above potential GDP. B) The Fed conducted contractionary policy to cause the move. C) The Fed sold treasury bills to cause the move. D) The economy is producing a level of GDP equal to potential GDP. E) Aggregate demand must have decreased.