Monopolist fears that central banks would unfairly compete with all other profit-maximizing banks contributed to the demise of the First and Second Banks of the U.S

Investment spending in the U.S. ________

A) comprises the majority of total spending B) is equal to approximately 15 percent of total spending C) is equal to approximately 81 percent of total spending D) is the smallest component part of household consumption spending

If at current exchange rates it was cheaper to buy a product in country A than country B, the purchasing power parity theory would increase the relative exchange value of country A's currency

a. True b. False Indicate whether the statement is true or false