Recall the Application. Unlike the Euro-zone, the United States does not just have a single currency, but also has a ________ that provides transfers to areas in economic distress

A) single central bank B) unified fiscal system
C) national trade agreement D) federally funded emergency account

B

Economics

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Define logrolling. Explain why logrolling often results in legislation that benefits the economic interests of a few, while harming the interests of a larger group of people

What will be an ideal response?

Economics

During a period of economic expansion, when expected profitability is high,

A) the demand curve for bonds shifts to the left. B) the supply curve of bonds shifts to the right. C) the equilibrium interest rate falls. D) the equilibrium price of bonds rises.

Economics