Liabilities are:
A. saving minus investment.
B. anything of value one owns.
C. the debts one owes.
D. current income minus spending on current needs.
Answer: C
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There was a silver lining during the Great Depression. Compared to other periods in U.S. history, this period was one of the most technologically advanced
Indicate whether the statement is true or false
What does the natural-rate hypothesis claim?
The downward sloping aggregate demand curve can be explained in part through the:
A. positive relationship between the price level and net exports. B. negative relationship between the price level and investment spending. C. positive relationship between the price level and consumption. D. All of these are true.
The group of economists that has stressed the idea of government failure is:
A. neo-Keynesian economists. B. Pre-Marxian economists. C. mainstream economists. D. public choice economists.