The idea that in the market system, consumers ultimately decide which goods and services firms will produce is known as

Banks create money by

A) printing currency. B) asking the Fed to print more currency. C) lending to the Fed. D) making loans. E) buying government securities.

During which of the following decades has the output ratio been staying closest to zero?

A) 1960s B) 1970s C) 1980s D) 1990s