Savers in the financial system make decisions about how to save their money by following the basic principles of:

A. cost benefit analysis.
B. asset valuation.
C. risk valuation.
D. rate of return on investments.


Answer: B

Economics

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Poverty is defined in two ways: the absolute concept of poverty and the relative concept of poverty.

Answer the following statement true (T) or false (F)

Economics

Suppose the Fed purchases $1 million in bonds in the open market. Explain how the money supply can increase by more than $1 million

What will be an ideal response?

Economics

An example of a tax-funded program primarily intended to stimulate economic growth is the:

A. maintenance of public highways. B. provision of housing to those in need. C. provision of basic healthcare. D. provision of national defense.

Economics

A budget surplus is the:

A. amount of net revenue a government brings in beyond what it spends. B. amount of money a government spends beyond the net revenue it brings in. C. total amount of money that a government owes. D. total amount of money that a government receives from a tax increase.

Economics