Negative supply shifts may lead to
A. excess deflation.
B. economic growth.
C. excess supply.
D. recessions.
Answer: D
Economics
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A) Germany B) Japan C) United States D) United Kingdom
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Mortgage loans made to borrowers with a more limited ability to repay are known as
A. subprime mortgages. B. credit default swaps. C. leveraged securities. D. mortgage-backed securities.
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If marginal costs fall below average cost, average cost must be
a. Be increasing b. Be decreasing c. Stay constant d. None of the above
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The left side of an account is used to record which of the following?
a. Debit or credit depending on the type of account b. Increases c. Credits d. Debits
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