The cost of borrowing money is directly linked to the interest rate a bank's best customers receive ...

The cost of borrowing money is directly linked to the interest rate a bank's best customers receive on short-term loans, or the __________.

a. the federal funds rate
b. the prime rate
c. the fixed rate
d. the adjustable rate

Question -2-

What was the main purpose of the Clayton Act?

a. to provide greater stability in the agricultural sector
b. to reduce the trade deficit
c. to prevent unfair competitive practices
d. to stimulate the economy in the wake of the Great Depression

Question -3-

When it comes to taxes, which of the following statements is true?

a. There is much agreement on what is the best type of tax, but not much agreement on the tax rates.
b. Income taxes provide the most consistent stream of revenue for the government.
c. Overall, there is considerable disagreement over what is the best type of tax.
d. Sales taxes are the primary mechanism by which the federal government raises revenues.

Question -4-

The Great Depression pitted economists favoring __________ against those favoring __________.

a. regulatory policy; deregulation
b. monetary policy; fiscal policy
c. protectionism; free trade
d. laissez-faire economics; Keynesian economics

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The cost of borrowing money is directly linked to the interest rate a bank's best customers receive ...

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