Banks' views of the economy change from confidence to caution when they expect
a. wage rates to fall
b. employment to increase
c. consumer spending to fall
d. a recession to occur
e. economic expansion
D
Economics
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When there is an increase in the income tax rate, the aggregate expenditure line will _____
a. rotate downward b. shift downward c. rotate upward d. shift upward
Economics
Under a 100-percent-reserve banking system, banks do not influence the supply of money
a. True b. False Indicate whether the statement is true or false
Economics