Gross domestic product is the monetary value of all final goods, services, and structures
produced within a country’s national borders during a one-year period.

question 9 options:
true
false

Allen deposits $2,000 in his local bank. he earns 2 percent interest each year on his deposit. jessica borrows $1,000 from the same bank. she is charged a 7 percent interest rate on the borrowed money. how do these bank practices affect the money supply in the community? in allen's case, but not jessica's, the money supply decreases. in both allen's and jessica's cases, the money supply decreases. in jessica's case, but not allen's, the money supply stays the same. in neither jessica's nor allen's case does the money supply increase.

Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. in an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete instead of cooperating. consider the following scenario: suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising prices on their new lines of hybrid suvs. this illegal communication would violate which of the following laws? the sherman antitrust act of 1890 the robinson–patman act of 1936 the celler–kefauver act of 1950 the clayton act of 1914

The federal reserve is responsible for overseeing all a. income tax refunds b. changes in tax policies c. government spending d. depository institutions