Changes in business inventories
A) are included in gross but not in net investment.
B) can either be positive or negative.
C) are not included in GDP because they are not sold to anyone.
D) are only partly included in GDP because part of these are holdings of intermediate goods.
B
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Securities dealers reduce the uncertainty associated with mortgage debt cash flows through the development of
A) convertible mortgages. B) callable mortgages. C) collateralized mortgage obligations. D) tax-exempt commercial paper.
Each of these statements is true except
A. Female-headed black families with children under 18 have a poverty rate of almost 47%. B. Female-headed white families with children under 18 have a poverty rate of almost 35%. C. All families receiving public assistance are poor. D. All poor families receive public assistance.
Price discrimination requires ______.
a. different demand curves for different markets b. identical demand curves for different markets c. inelastic customer demand d. a single market for a product
A tax on ________ would impose the smallest excess burden on an individual.
A. all fast food sandwiches B. an Egg McMuffin C. all fast food breakfast sandwiches D. all McDonald's breakfast sandwiches