Economies with high growth rates tend to be those that have:

A. large amounts of natural resources.
B. a stable government that protects property rights.
C. high levels of government regulation.
D. a large defense budget.

Ans: B. a stable government that protects property rights.

Economics

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When the Fed buys $100 worth of bonds from a primary dealer, reserves in the banking system

A) increase by $100. B) increase by more than $100. C) decrease by $100. D) decrease by more than $100.

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A 5% increase in real income usually leads to ________ in money demand

A) a decrease B) no change C) an increase of less than 5% D) a decrease of 5%

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