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A​ ______ is a depository institution that accepts savings deposits and makes mostly​ home-purchase loans, and a ______ is a depository institution owned by a social or economic group such as a​ firm’s employees that accepts savings deposits and makes mostly personal loans.

Which of the following is not directly included in GDP calculations?

Suppose that The Bahamas has decided to peg its currency to the US Dollar, and that the small island nation experiences an unexpected increase in the demand for its tourism services from abroad. This will lead the demand for Bahamian Dollars to ____, and the Bahamian Central Bank will have to respond by intervening in the foreign exchange market and _____ Bahamian Dollars

Which of the following does NOT increase the productivity of labor?

In the economy depicted above, the value of Autonomous Spending is ____, and the value of Equilibrium Real GDP is ____.

A Swedish charity sends natural disaster assistance to the United States. This transaction appears as a…

Suppose that the government spending multiplier is 2, and that the tax multiplier is -2.5. A reduction in government spending and taxes of $100 million will ____ Real GDP by ____.

A Danish consumer purchases an American-made F150 at a Ford dealership in Coppenhagen. This transaction appears as a…

Expansionary fiscal policy that is implemented to prevent real GDP from falling below potential GDP will likely result in a ______ inflation rate and a _____ level of Real GDP.

With the single exception of changes in the capital gains tax rate, expansionary fiscal policy typically leads the real interest rate to ____, because it leads an existing government budget deficit to ____.