Between the first quarter of 2000 and the first quarter of 2006, the value of housing wealth

A. decreased by about $7 trillion.
B. increased by about $500 billion.
C. decreased by about $600 billion.
D. increased by about $13 trillion.


Answer: D

Economics

You might also like to view...

Financial intermediaries provide customers with liquidity services. Liquidity services

A) make it easier for customers to conduct transactions. B) allow customers to have a cup of coffee while waiting in the lobby. C) are a result of the asymmetric information problem. D) are another term for asset transformation.

Economics

A dominant strategy is one:

A. that is the best one to follow, no matter what strategy other players choose. B. in which a player is forced to choose given the rules of the game. C. in which a player must choose, even though it does not optimize his outcome. D. provides a player with the highest payoff in the game.

Economics

When unions raise wages in one part of the economy, the supply of labor increases in other parts of the economy, which reduces wages in industries that are not unionized

a. True b. False Indicate whether the statement is true or false

Economics

If the Apple corporation sells a bond it is

a. borrowing directly from the public. b. borrowing indirectly from the public. c. selling shares of ownership directly to the public. d. selling shares of ownership indirectly to the public.

Economics