Making a loan is generally:
A. less risky and more potentially rewarding than buying stock.
B. more risky and less potentially rewarding than buying stock.
C. less risky and less potentially rewarding than buying stock.
D. more risky and more potentially rewarding than buying stock.
Answer: C
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Spending on education is likely to raise output per person by ________
A) increasing the productiveness of R&D B) by increasing the population C) increasing the fraction of the population engaged in productive activities D) increasing the saving rate
The aggregate demand curve
a. represents the relationship between prices and quantities of all goods produced in an economy b. is derived from equilibrium conditions in the labor and money markets c. gives the equilibrium level of real GDP corresponding to a given price level d. is the sum of an economy's individual demand curves e. plots the interest rate as a function of output
What makes a model compelling?
a. its predictions b. its mathematical structure c. its assumptions d. its simplicity
World War II increased the amount of government spending and economic intervention in the United States.
Answer the following statement true (T) or false (F)