The thrift institutions:
a. were nonprofit banking institutions.
b. were owned by the Federal Reserve.
c. historically offered only savings accounts, not checking accounts.
d. controlled the U.S. monetary policy prior to the establishment of the Federal Reserve.
e. were monitored by the Federal Deposit Insurance Corporation.
c
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When imports and exports for the same type of good are nearly equal:
a. the laws of comparative advantage break down. b. it is an indication that nearly all the trade is intra-industry. c. exports are probably just "finished" in the nation instead of being fully sourced there. d. there is a very low level of intra-industry trade.
Real GDP is $13 trillion and aggregate planned expenditure is $14 trillion. As a result, unplanned inventory change is ________ and real GDP ________
A) negative; decreases B) positive; increases C) negative; increases D) positive; decreases E) negative; does not change