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Multiple choice

8. established in 1963, covers banks as well as savings and loans associations.

A. PDIC
B. SEC
C. World bank

9. Refers to the government's use of government spending and taxes to influence the overall demand for goods and services in the economy.

A. Government's spending
B. Fiscal policy
C. Taxes

10. Type of taxes that are levied on particular economic activities such as buying a cellular phone or importing luxury items.

A. Direct taxes
B. Inderect taxes
C. Taxi​