The Franklin National Bank Crisis had its greatest impact on the market for
A) commercial paper.
B) commodity futures.
C) negotiable certificates of deposit.
D) Eurodollars.
C
Economics
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The formula for the effect of any change in autonomous spending, ?A, where b equals the MPC is
A) ?Y = ?A [1/(1 - b)]. B) ?Y = ?A [b/(1 - b)]. C) ?Y = ?A [1/(1 + b)]. D) ?Y = ?A [b/(1 + b)].
Economics
Figure 19.1 displays changes in the size of private inventories. Based on the figure, in which month is the size of private inventories likely to have been lowest?
A) September 2010 B) September 2011 C) September 2009 D) March 2010
Economics