If households decrease the amount of bank account withdrawals, the consumption function may shift upward
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Currency outside of banks increases from $100 million to $200 million. This change is considered
A) a currency drain. B) a decrease in the monetary base. C) expansionary monetary policy. D) contractionary monetary policy.
Economics
Which of the following is a part of GDP?
A. The value of a haircut B. The value of an old car purchased during a year C. The value of an existing house sold during a year D. The value of a homemaker's services
Economics