The East Asian model's approach to interest rates has been
a. to keep interest rates well below market levels
b. to keep interest rates above market levels
c. to allow the market to determine interest rates
d. to allocate investment funds entirely through government, and not charge any interest
e. none of the above
E
Economics
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Which one of the following will shift the consumption function upward?
a. Higher interest rates. b. An increase in real assets. c. Expectations of future economic growth. d. Lower capacity utilization rates. e. A tax increase.
Economics
The Federal Reserve banks are owned by: a. the citizens of each Federal Reserve district. b. the American people as a whole
c. the Federal Government. d. commercial banks.
Economics