In the 1970s, U.S. consumers transferred their deposits from accounts in banks and thrifts to money market mutual funds because money market mutual funds:
a. were more liquid.
b. were less risky.
c. paid higher interest rates.
d. were guaranteed for a larger amount.
e. were more liquid and paid higher interest rates.
Question 2
A breakthrough in technology is most likely to:
a. reduce the labor needed to produce a given amount of output.
b. decrease the demand for all goods and services in a country.
c. increase the cost of production for a firm.
d. reduce the availability of skilled workers.
e. lower the standard of living in a country in the long run.
Joseph Banks
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Example of a chart of accounts.
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Coal deposits
France has produced most of its energy from nuclear power since the oil crisis of the 1970s