"As part of the financial crisis bailout plan in 2008, the Federal Reserve should not bail out banks that made risky loans." This is an example of
A) a positive statement.
B) the Federal Reserve taking actions that are not at the margin.
C) opportunity costs.
D) a normative statement.
D
Economics
You might also like to view...
Automatic stabilizers include
A) changes in induced taxes and changes in needs-tested spending. B) increases or decreases of tax rates and changes in needs-tested spending. C) changes in induced taxes and changes in discretionary spending. D) changes in discretionary spending and changes in needs-tested spending. E) changes in the federal funds interest rate brought about by Fed policy.
Economics
Capital flight raises both a country's exchange rate and its interest rate
a. True b. False Indicate whether the statement is true or false
Economics