Macroeconomic stability has been a high priority for the economic policies of the HPAE
Indicate whether the statement is true or false
TRUE
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What is the difference between directly holding stock in a company like Apple and investing in a mutual fund that holds Apple stock?
What will be an ideal response?
Additions to inventory are
A) not counted as an expenditure in GDP accounting. B) counted as an intermediate input. C) counted as a component of investment spending. D) subtracted from sales revenue in calculating profit income.
For Meg, the substitution effect of an interest-rate increase is stronger than the income effect. In response to a higher interest rate, will Meg save more or will she save less?
Which of the following is a budget philosophy that has emerged over time?
a. the decade balanced budget b. functional law budget c. cyclically balanced budget d. legally balanced budget