The Monetary Control Act of 1980:
a. required banks to make home loans.
b. eliminated many forms of competition among financial institutions.
c. created sharper distinctions among various financial institutions.
d. none of these.
d
Economics
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Refer to Table 7.1. As labor inputs increase from 5 to 6, output
A) increases by 98 units. B) increases by 16 units. C) increases by 12 units. D) increases at a negative rate.
Economics
If the price of a good rises by 10% and the quantity purchased falls by 15%, then demand for the good is ________ and total spending on the good will ________
A) elastic; increase B) inelastic; increase C) elastic; decrease D) me and so inelastic; decrease
Economics