Buying assets like stocks and bonds is a way to:
A. save.
B. invest.
C. spend.
D. be a market maker.
A. save.
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The U.S. Health Resources and Services Administration (HRSA) forecasts that in 2020
A) the number of doctors in the United States will decrease and the number of doctors needed will increase. B) there will be a surplus of doctors in the United States. C) there will be a shortage of doctors in the United States. D) the number of doctors in the United States will increase and the number of doctors needed will decrease.
The real wage rate measures
a. nominal wages after taxes b. what workers are paid in terms of this year's dollars c. what workers are paid in terms of purchasing power d. what workers have available for spending after paying their bills e. the number of dollars earned by workers
In most cases, expenditure-switching policies must be accompanied by expenditure-reducing policies because
A) expenditure-switching policies are completely ineffective without expenditure-reducing policies. B) inflation ensues as home country domestic expenditures switch away from foreign goods to domestic goods unless overall expenditures are reduced. C) inflation abroad may increase the demand for domestic goods, causing inflation to rise. D) the depreciation in the exchange rate may decrease the domestic price of foreign goods, causing an increase in the current account deficit.
Economies of scale cannot be due only to the sheer size of a firm's operation.
Answer the following statement true (T) or false (F)