Which of the following would be added to U.S. national income?
A. An American consumer buying French wine
B. An American business selling aircraft to British Airways
C. A Swedish firm selling mobile phones to Americans
D. A French firm buying a Swedish cellular phone
Answer: B
Economics
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Which of the following is the result of a banking panic?
a. A decrease in the demand deposit multiplier b. An increase in the money supply c. An increase in bank reserves d. A decrease in the money supply e. An increase in the demand deposit multiplier
Economics
The purchasing power of money decreases as the:
A. production decreases. B. price level increases. C. employment increases. D. demand increases.
Economics