The feedback effect can be thought of as a type of
A) social regulation.
B) economic regulation.
C) creative response, which reduces the law's effectiveness.
D) regulatory lag.
C
Economics
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The answer to, "What goods are to be produced?" deals with:
A) who gets the goods. B) how tastes and preferences are determined. C) how resources are combined to produce goods and services. D) the kinds and quantities of goods and services produced.
Economics
Modern bankers
a. expand the money supply by printing currency when they need it. b. decrease the supply of money when they extend additional loans. c. hold only a fraction of their assets in the form of reserves against their deposits. d. can increase their profits by increasing their holdings of excess reserves.
Economics