The 2001-2007 economic expansion began when a change in Federal Reserve policy and other global conditions caused interest rates to drop and stay low
a. True
b. False
A
Economics
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The difference between gross investment and net investment is
A) the capital stock. B) depreciation. C) the real interest rate. D) equal to saving.
Economics
Which of the following is not equal to the others in equilibrium?
A) the real wage B) the marginal rate of substitution between leisure and consumption C) the marginal product of labor D) the price of consumption
Economics
Compared to the national debts of major European countries as a percentage of national incomes, the U.S. national debt
a. is the largest. b. is the smallest. c. is at the lower end. d. falls in the highest ten percent.
Economics
A market is considered efficient if profit opportunities remain continually available.
Answer the following statement true (T) or false (F)
Economics