The Constitution helped establish a secure and well-defined system of property rights and rights of persons because it did which of the following?
(a) It established that people could be deprived of property without due process of law.
(b) It loosely defined which contracts would be enforced.
(c) It permitted bankruptcy without just cause and required government stamp of approval.
(d) It let market forces, not government, set prices on the sale of land among private citizens.
(d)
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Other things equal, if planned investment spending is greater than actual investment spending, then aggregate expenditure will be ________ real GDP and inventories will ________
A) greater than; rise B) greater than; fall C) less than; rise D) less than; fall
The demand for money is the relationship between discount rate and how much money people want to hold
Indicate whether the statement is true or false
When reality show participants travel through foreign countries, they are generating a
A. Supply of U.S. dollars and a demand for a foreign currency. B. Demand for U.S. dollars and a supply of a foreign currency. C. Supply of U.S. dollars and a supply of a foreign currency. D. Demand for U.S. dollars and a demand for a foreign currency.
The industry that most closely approximates the conditions of the oligopoly model is:
A. restaurants. B. retail clothing. C. home construction. D. tires.