Which of the following is not a constraint on deposit creation?
A. The reserve requirement increases.
B. The interest rate falls, making borrowing less costly for businesses and consumers.
C. Banks become less willing to lend money to businesses and consumers.
D. Businesses and consumers stop using and accepting checks or debit cards.
Answer: B
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In 2010, many politicians argued that the deficit should be reduced at all costs but many economists countered that deficit reduction would be problematic given the state of the economy
a. True b. False Indicate whether the statement is true or false
Answer the following statement true (T) or false (F)
1) Price-fixing is illegal under Section 1 of the Sherman Act. 2) Monopolization is illegal under Section 1 of the Sherman Act. 3) The U.S. Justice Department, the Federal Trade Commission, state attorneys general, and injured private parties can independently file charges against firms under the Sherman Act. 4) Anticompetitive mergers are illegal under provisions of the Clayton Act (as amended).