Which of the following is not a category of state and local government outlays?

A) purchases of goods and services
B) grants in aid
C) transfer payments
D) interest payments

B

Economics

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Required reserve ratios are the minimum amount of

A) deposits any one bank must hold as a percentage of its reserves. B) reserves any one bank must hold as a percentage of its deposits. C) reserves any one bank must hold as a percentage of its total assets. D) deposits any one bank is allowed to accept as percentage of its capital. E) reserves any one bank must hold as a percentage of its loans.

Economics

As the number of firms in a market increases, the supply curve will shift to the right and the equilibrium quantity will rise

Indicate whether the statement is true or false

Economics