In order to explain the relative sizes of families in urban versus rural environments, some economists viewed children as investment or durable consumptions goods, respectively
Indicate whether the statement is true or false
True
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Which of the following is usually discussed in the case against government?
A. special interest groups and transfers B. the unintended effects of governments actions C. removal from the prisoner's dilemma D. a and b E. none of the above
After the housing bubble burst, consumer confidence plummeted and housing sales dropped to all-time lows. This caused the demand curve for normal goods to shift
a. inwards b. outwards c. stay constant d. none of the above
Based on the graph showing how the subprime share of home mortgages grew rapidly before the big decline, at the peak of the use of subprime loans in 2005, the gap between the share of subprime mortgages and adjustable mortgage rates was ______ the typical historical difference.
a. perfectly in line with
b. slightly smaller than
c. slightly greater than
d. dramatically greater than
The transactions that take place in the financial markets:
A. are always to the seller's advantage. B. can be very complex. C. are always to the buyer's advantage. D. are very simple.