After the Civil War, the National Banking Acts gave the federal government the power to do all of the following except _____.
(A) Require banks to hold adequate gold and silver.
(B) Charter banks.
(C) Insure banks against failure.
(D) Have a single national currency.
Ans: (C) Insure banks against failure.
Economics
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The table above gives the CPI for a nation. Based on the table, we can determine that the reference base period is
A) 1994. B) 1996. C) 1998-2000. D) 2002. E) More information about when the Consumer Expenditure Survey was undertaken is needed to answer the question.
Economics
When the average product is at its maximum,
A) the marginal product is increasing as output increases. B) the marginal product is negative. C) it is equal to the marginal product. D) total product is also at its maximum. E) total product is at its minimum.
Economics