A good reason for suspecting the existence of a substantial underground economy is
A) the mysterious decline in federal tax revenue in recent years.
B) the decline in the currency-deposit ratio during the 1970s and 1980s.
C) the sharp rise in marginal income tax rates during the 1980s.
D) the large amount of currency outstanding per person.
Correct Answer:
Verified
Q60: Although open market operations and discount loans
Q61: Which of the following is NOT true
Q62: The size of the money multiplier depends
Q63: Required reserves are equal to
A)the required reserve
Q64: Which of the following equations is correct?
A)B
Q66: Which of the following statements about the
Q67: A rise in market interest rates
A)encourages banks
Q68: The anonymity premium refers to
A)the value placed
Q69: If currency outstanding equals $500 million, checkable
Q70: The money multiplier
A)equals 1 over the required
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