Brandon is considering buying a used car but he first downloads a report from the internet that shows the history of accidents and major repairs conducted on the car. This action is called


screening.

Economics

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Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap.  

A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary

Economics

Distinguish between the economist’s definition of profit and the accountant’s definition. Which is superior for decision making?

What will be an ideal response?

Economics

When households hold money for unplanned expenditures and emergencies, it is called

A) the speculative demand for money. B) the transactions demand for money. C) the irrational demand for money. D) the precautionary demand for money.

Economics

Affordability is a benefit of layering term life insurance policies.

Group of answer choices A. True B. False

Economics