Suppose you and your friend are in a shopping mall and you borrow $100 from your friend to pay for a pair of shoes that you purchase in a sho

A) transaction costs. B) indirect financing. C) direct financing. D) moral hazard.

C

Economics

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During recessions, government expenditure automatically

A) rises because of programs such as unemployment insurance and Medicaid. B) falls because of programs such as unemployment insurance and Medicaid. C) falls because of the progressive income tax system. D) rises because of the progressive income tax system.

Economics

Limits on the number of broadcast television stations or AM and FM radio stations one owner could own were eliminated by the Telecommunications Act of 1996

Indicate whether the statement is true or false

Economics