The reforms introduced by Congress in the 1930s led to:
A. the Great Crash.
B. relative financial stability for over 70 years.
C. a further decline that lasted for 25 years.
D. the Great Depression to be worse than it needed to be.
B. relative financial stability for over 70 years.
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Which of the following is likely to happen due to quantitative easing by the Fed?
A) A rightward shift of the demand curve for bank reserves B) A leftward shift of the supply curve of bank reserves C) A leftward shift of the demand curve for bank reserves D) A rightward shift of the supply curve of bank reserves
Increasing returns would be a situation where a firm increases its workforce and other inputs by:
A. 8 percent and its output increases by 5 percent B. 5 percent and its output increase by 8 percent C. 8 percent and its output increases by 8 percent D. 12 percent and its output increases by 10 percent