One way to view equilibrium in the simple Keynesian model without government spending and taxes is that:
A) saving equals planned investment.
B) saving equals planned expenditures.
C) saving equals planned autonomous spending.
D) None of the above.
A
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In the estimation of demand, the "identification problem" refers to
A) the problem of selecting the proper level of significance. B) the problem of deciding whether to use time series or cross-sectional data. C) the problem of separating out the effects of price on the quantity demanded when supply cannot be held constant. D) the problem of having insufficient variation in prices.
Government regulations to insure the safety of bank deposits and to control the money supply include
a. limitations on the types and quantities of assets in which banks may invest. b. elimination of the need for required reserves. c. setting interest rate ceilings on savings and money market deposit accounts. d. All of the above are correct.