If the price of apples went down by 20 percent, which of the following values of the cross price elasticity for boats would be most reasonable to anticipate?

The supply of and demand for bank reserves determines the

A) Treasury bill rate. B) prime rate. C) discount rate. D) federal funds rate.

All governments face a budget constraint: none can spend more than the sum of current government revenues plus the amount that creditors are willing to lend. Why, then, do government budget deficits matter?

What will be an ideal response?