Before the Great Depression, macroeconomic theory was dominated by the ________ approach that presumed the essential ________ of the private economy
A) Keynesian, stability
B) Keynesian, instability
C) old classical, stability
D) old classical, instability
C
Economics
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Refer to Table 9-11. If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many hats will Belize consume?
A) 100 B) 130 C) 250 D) 400
Economics
Explain what is meant by the fundamental value of a share of stock
What will be an ideal response?
Economics
If a customer buys an airline ticket based only on the price of the ticket, then the airline ticket is a(n)
A) experience good. B) credence good. C) inferior good. D) search good.
Economics
If gross investment in 2017 is $200 billion and depreciation in 2017 is $1,000 billion, net investment in 2017 is
A. -$900 billion. B. -$800 billion. C. $1,000 billion. D. $1,200 billion.
Economics