The stock market collapse of 1929 might have been averted had large corporations maintained their participation in the market for securities loans in 1925–1929
Indicate whether the statement is true or false
False
Economics
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Assume an economy produces only hamburgers and hotdogs and the base year is 2005. Quantity producedPrices 2005200620052006Hamburgers2,0003,0002$3Hotdogs3,0004,0001$1.50Given the data in the table above, what is the value of nominal GDP in 2006?
A. $15,000 B. $10,500 C. $ 5,000 D. $ 7,000
Economics
A bank owns a 10-story office building. In the bank's balance sheet, this would be listed as part of
A. assets. B. capital stock. C. net worth. D. liabilities.
Economics
In the above table, what is marginal product of labor for the 2nd worker?
A) 20 B) 8 C) 10 D) 12
Economics
The top quintile's share of all income exceeds 50% in 2005
Indicate whether the statement is true or false
Economics