The distinction between saving and savings is that saving is ________, while savings is ________.
A. the flow of funds that is not consumed out of income; the plural of saving
B. the flow of funds that someone invests in bank savings accounts; the stock of funds that represents the accumulated amount of net saving over time
C. the flow of funds that is not consumed out of income; the stock of funds that is invested in bank savings accounts
D. the flow of funds that is not consumed out of income; the stock of funds that represents the accumulated amount of net saving over time
Answer: D
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Referring to Figure 19.1, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________
A) depreciate; depreciate B) appreciate; depreciate C) depreciate; appreciate D) appreciate; appreciate
In the Keynesian view, the main source of economic fluctuations is
A) interest rates. B) investment. C) consumption. D) inflation.
Cost-of-service-regulation sets prices by considering
A) the actual variable cost of providing the service to the customer. B) the actual total cost of providing the service to the customer. C) the actual average cost of providing the service to the customer. D) the actual marginal cost of providing the service to the customer.
Ownership of a corporation is divided into shares that are claims on the firm's __________ and these shares are also referred to as ____________
a. assets and liabilities; bonds b. assets and liabilities; stocks c. liabilities and earnings; stocks d. assets and earnings; stocks e. assets and earnings; bonds