Submitted by: Submitted by aEmerald14
Views: 284
Words: 101193
Pages: 405
Category: Business and Industry
Date Submitted: 06/16/2013 05:13 PM
Question |reference | |
|1. As the US economy enters a recession, government outlays will automatically _____ and government revenue |automatic |
|will automatically _____. |stabilizers |
|a. Increase, decrease | |
|b. Decrease, increase | |
|c. Increase, increase | |
|d. Decrease, decrease | |
|e. Remain constant, remain constant | |
|2. Which of the following is TRUE of financial intermediaries? |banks |
|a. they were illegalized by the Clayton Act | |
|b. they reduce aggregate investment | |
|c. they are essential to the formation of cartels | |
|d. they borrow at the prime rate | |
|e. they receive interest as profit | |
|3. Barter is ineffective because it requires a(n) |barter |
|a. physical marketplace |...