The tendency for an increase in the economic activity of one country to lead to a worldwide increase in economic activity is the

A. trade feedback effect.
B. trickle-down effect.
C. multiplier effect.
D. spontaneous growth effect.

Answer: A

Economics

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Membership in the Federal Reserve System

A) is held by state-owned banks only. B) is held collectively by all banks in the banking system. C) is held by only a minority of banks in the banking system. D) is held by banks that also have branches outside the United States.

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A monopolist's demand curve is the same as the marginal revenue curve for the product

Indicate whether the statement is true or false

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