Measured as a share of GDP, federal spending during 2001-2010
a. increased more rapidly than during the 1990s.
b. increased less rapidly than during the 1990s.
c. declined after increasing rapidly during the 1990s.
d. was virtually unchanged during the decade.
A
Economics
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If the currency drain ratio increases, how can the Fed adjust the monetary base to offset the effect on the quantity of money?
What will be an ideal response?
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The figure illustrates Sally's budget line and her preferences. At point(s) ________, the marginal rate of substitution is equal to the relative price
A) B B) B, C, and E C) D D) E and C
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