Answer to Question 1
Rising government expenditures leads to more government borrowing, and such borrowing can soak up resources that would otherwise have been used by households and firms. Some economists believe that rising government expenditure displaces private economic activity like consumption and investment. This implies that employment increases by less than it would have otherwise increased.
Answer to Question 2
The three functions that banks perform as financial intermediaries are:
a. Banks identify good investment options.
b. Banks transform short-term liabilities like deposits, into long-term investments.
c. Banks transfer risk from depositors to the bank's stockholders and, in some cases, to the government.
The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing
Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ...
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
An electrochemical cell is based on these two half-reactions
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.