Deflation financially ________ borrowers of money and financially ________ lenders of money
A) benefits; benefits
B) benefits; harms
C) harms; benefits
D) harms; harms
C
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Referring to a bank's t-account, equity refers to
A) the difference between total assets and total liabilities. B) the sum of total assets and total liabilities. C) the ratio of the total assets and total liabilities. D) none of the above.
Which good would you expect to have a greater price elasticity: a gallon of gasoline sold at a specific gasoline station on Main Street in Phoenix, a gallon of gasoline sold in Phoenix, or a gallon of gasoline sold in Arizona? Why?
What will be an ideal response?
Modern inventions, like the Internet or discoveries in genetics or materials science, seem to provide smaller gains to output than earlier inventions like the steam engine or the railroad
a. True b. False Indicate whether the statement is true or false
If the multiplier is 5, the MPC is
A. .1. B. .2. C. .5. D. .8.