Wealth is the same as:
A. savings.
B. capital gains.
C. assets.
D. net worth.
Answer: D
You might also like to view...
Which of the following is NOT included in the M1 money supply?
A) currency B) passbook savings accounts C) traveler's checks D) checkable and debitable accounts
The proponents of rational expectations and monetarism think that the Federal Reserve should adopt
A) a constant monetary growth rule. B) an interest rate target. C) a monetary aggregate target. D) an inflation target.
If people expect the price of packaged coffee to rise next week, coffee demand will:
a. decrease now. b. increase now. c. stay the same now and increase next week. d. stay the same now and decrease next week. e. stay the same now and next week.
Suppose that residents of a town are asked to vote on the best day to improve the safety of an intersection. The three choices are: a stoplight, a 4-way stop, and a 2-way stop. The mayor asks the residents to assign 3 points to their first choice, 2 points to their second choice, and 1 point to their last choice. The intersection will be controlled by the method that receives the most points
This voting scheme is called a. Arrow's impossibility theorem. b. the Condorcet paradox. c. a Borda count. d. the median voter theorem.