Which of the following is considered a depository institution?
I. the U.S. Treasury
II. a commercial bank like Citibank
III. a credit union for federal government employees
A) I only
B) I and II
C) II and III
D) I, II and III
C
Economics
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Within the IS-LM curve model, an increase in government spending financed by printing money will always
a. have no impact on income. b. lower income and raise the interest rate. c. increase the interest rate. d. lower the interest rate and increase income. e. increase income.
Economics
Economic theories, or models, enable us to predict and to give reasonable explanations regarding economic variables
a. True b. False Indicate whether the statement is true or false
Economics