Exchanges of stocks take place
A) in New York City only.
B) in the principle financial city of each country, such as New York City for the United States and London for England.
C) in a decentralized fashion around the world.
D) in centralized physical locations known as stock exchanges and online through Internet brokers.
D
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In 2009, Congress passed a bill that involved government spending increases and tax cuts with the purpose of stimulating the U.S. economy. This policy is an example of
A) an automatic stabilizer. B) contractionary fiscal policy. C) expansionary fiscal policy. D) expansionary monetary policy.
The Cold War, or "war on communism,"
a. was the most expensive war of the twentieth century. b. is believed to have caused an increase in defense spending that came at the expense of private consumption rather than private investment. c. is believed to have caused an increase in defense spending that came at the expense of private investment rather than private consumption. d. Both a and b are correct. e. Both a and c are correct.