If the federal government wishes to move the economy out of a recessionary gap, the appropriate fiscal policy is a(n)
a. increase in taxes.
b. decrease in government purchases.
c. decrease in transfer payments.
d. None of the above are correct.
d
Economics
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In order for a country to develop a high per capita GDP, it must have a rich endowment of natural resources, particularly energy and mineral resources
a. True b. False Indicate whether the statement is true or false
Economics
Demand deposits $300 million Time deposits: Original maturity (less than 18 months): $200 million Original maturity (over 18 months): $400 million Use the information above to find the bank's required reserves.
What will be an ideal response?
Economics