Under free banking, banks are regulated by the Federal Reserve

Indicate whether the statement is true or false

False

Economics

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Refer to Figure 13-3. Which of the points in the above graph are possible short-run equilibria?

A) A and D B) A and C C) A and B D) A, B, C, and D

Economics

Following a decrease in government spending, as the price level falls we would expect the level of interest rates to ________ and investment to ________

A) decrease; increase B) increase; decrease C) decrease; decrease D) increase; increase

Economics