An example of an institutional requirement for the operation of effective private markets is
(a) enforcement of contracts.
(b) the ability of government to correctly project trends.
(c) the ability of advertisers to influence consumers.
(d) all of the above.
A
Economics
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The fraction of deposits banks are required to keep as reserves is called the:
A) deposit requirement. B) reserve requirement. C) excess reserve requirement. D) none of the above.
Economics
If output rises, then income
a. drops by an equal amount b. remains stable c. rises twice as fast as output d. rises slowly e. rises by an equal amount
Economics