As a percentage of GDP, non-military government purchases have remained very low and stable

a. True
b. False

A

Economics

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If dividend income increases, the following does not happen

A) the consumer chooses to consume more leisure. B) the consumer chooses to consume more consumption goods. C) the budget constraint shifts to the right. D) the substitution effect exceeds the income effect.

Economics

In the U.S. today:

A. most banks are state chartered. B. there are approximately equal numbers of state and federally chartered banks. C. all new banks are federally chartered. D. most banks are federally chartered.

Economics