Which of the following is the LEAST? scarce?
A) college education.
B) medicine.
C) housing.
D) weeds.
Answer: D) weeds.
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Which of the following is not an advantage of starting a new business as a sole proprietorship?
A) the initial cost in setting up the business B) limited control over the operation of the business C) separation of ownership and business liability D) possibility of double taxation
The Fed's policy actions of reacting to higher inflation by raising the real interest rate during 2004-2006 were
A) upward movements along the monetary policy curve. B) downward movement along the monetary policy curve. C) upward shifts of the monetary policy curve. D) downward shifts of the monetary policy curve.
What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?
a. -$165 billion b. -$5 billion c. $5 billion d. $165 billion
The government's choices regarding the overall level of government purchases and taxes is known as _____
Fill in the blank(s) with correct word