A likely explanation for the 2008-2009 recession is
A) an increase in energy prices.
B) financial market problems.
C) a drastic reduction in government expenses.
D) an increase in taxes.
B
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When each stockholder incurs a tax liability on his or her share of the earnings of a corporation (whether or not the earnings are distributed), this is known as
A. being fully funded. B. full integration. C. full loss offset. D. fully imputed rent.
Excess quantity demanded for a good creates pressure to push the price of that good down toward the equilibrium price
a. True b. False Indicate whether the statement is true or false
Which of the following led to the collapse of the Phillips Curve?
a. Rightward shift in the demand for labor curve b. Leftward shift of the Phillips curve c. Leftward shift of the aggregate supply curve d. Rightward shift of the aggregate demand curve.
When gross investment is positive, net investment:
A. may be either positive or negative. B. must be positive. C. must be negative. D. is always zero.