Which of the following is NOT an economic benefit of depository institutions?
A) They borrow long and lend short.
B) They create liquidity.
C) They pool risk.
D) They reduce the cost of monitoring borrowers.
A
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Which of the following statements is true of the number of entrepreneurs in an economy?
A) The number of entrepreneurs is likely to be higher in an economy with inclusive institutions than in an economy with extractive institutions. B) The number of entrepreneurs is likely to be higher in a command economy than in a market economy. C) The number of entrepreneurs is likely to be the same in an economy with inclusive institutions and an economy with extractive institutions. D) The number of entrepreneurs is likely to be the same in a command economy and a market economy.
In what geographic areas would a market-oriented system that remains closer to the command economy end of the spectrum most likely be found?
a. parts of Asia, Africa, and South America b. Cuba and North Korea c. Europe and the United States d. China and Russia
In a true cluster sample, the individuals are first drawn from the clusters.?
Answer the following statement true (T) or false (F)
The total market value of all goods and services produced by factors of production within a nation is called
A. gross domestic income. B. value added. C. gross output. D. gross domestic product.