Assuming there is no government or foreign sector, the economy will be in equilibrium if, and only if, planned investment equals actual investment.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Refer to Table 14-6. What price will Sturdy Homes charge and what profit does Sturdy Homes expect to make?
A) Price = $12,000; expected profit = $3 million B) Price = $8,000; expected profit = $7 million C) Price = $8,000; expected profit = $4 million D) Price = $10,000; expected profit = $5 million
A futures contract
A) gives the owner the right, but not the obligation, to buy shares of a stock at a specified price within the time limits of the contract. B) gives the owner the right, but not the obligation, to sell shares of a stock at a specified price within the time limits of the contract. C) is a contract in which the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price. D) gives the owner the right, but not the obligation, to buy or sell shares of a stock at a specified price within the time limits of the contract.
The tax rates embodied in the federal personal income tax are such that:
A. a rising absolute amount, but a declining proportion, of income is paid in taxes. B. the marginal and average tax rates are equal, making the tax progressive. C. the average tax rate rises more rapidly than does the marginal tax rate. D. the marginal tax rate is higher than the average tax rate, causing the average tax rate to rise.
Which of the following nations is not considered an industrially advanced country?
A. Russia B. Japan C. Canada D. Australia