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According to monetary theories of the business cycle, fluctuations area. independent of the banking systemb. more prevalent in countries with modern banking systemsc. more prevalent in agricultural countriesd. less prevalent in those countries with modern banking systems
Monetary theorists maintain that to eliminate the business cycle, it is necessary to eliminatea. moneyb. currencyc. bank creation of checkable depositsd. bank reserves
During the contraction phase of the business cycle,a. prices fall relative to costs, reducing profit marginsb. costs fall relative to prices, reducing profit marginsc. prices fall relative to costs, increasing profit marginsd. costs fall relative to prices, increasing profit margins
Through 2005, the most serious U.S. trough since the Great Depression was the one that occurred ina. 1991b. 2001c. 1974-1975d. 1982
Explain why does the minimum salary seem to have the greatest impact on teenagers.
Can the government make things worse by intervening in markets? Are there other options outside the markets and government that will fix macroeconomic failure? C- "Big government is always harmful to owners of private enterprises, w..
The table listed below demonstrate the quantities of product X that a producer can produce in one growing season on a 1 acre farm using different amounts of labor.
If the price of labor increases from $40 per unit to $60 per unit, what happens to the total cost of producing 500 units of output in the short run (up or down, and by how much) What happens to the short run marginal cost
Rail Tours sells packaged tours on rail lines, including gourmet meals and a reserved bed. The most popular tours are in the autumn when colors are at their peak. The overnight package for Saturday and Sunday morning are especially heavily booked.
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
Explain why the required reserve ratio, the excess reserve ratio, and the currency ratio are in the denominator of the m1 and m2 money multipliers.
question providebriefbutcoherentresponsestothefollowingshortquestions.a sinceidentifyingthe md
That means that businesses, consumers and whole societies face tradeoffs whenever they make a decision.
Can you explain how FISCAL POLICY (making changes to government spending and taxes) would affect Aggregate Demand (AD) How do these two mechanisms of expansionary policy differ
There are 300 purely competetive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $24 for every $300 invested
Describe the creation of money from excess reserves and multiple deposit expansion in banking system. How does the multiplier affect the supply of money?
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