Which of the following financial institutions pool deposits of customers and use the money to buy a portfolio of stocks or bonds or both?
A. Thrifts
B. Brokerage firms
C. Mutual funds
D. Investment banks
C. Mutual funds
Economics
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In the figure above, if an excise tax is imposed that generates an efficient allocation of resources, then the amount of output will be
A) zero. B) 50 units. C) 150 units. D) 250 units.
Economics
A decrease in the price level
A) shifts the SRAS curve to the right. B) shifts the SRAS curve to the left. C) causes an upward movement along the existing SRAS curve. D) causes a downward movement along the existing SRAS curve. E) none of the above
Economics