Historically, most harmful bubbles are characterized by
A. investment in stocks.
B. the sale of Treasury bills.
C. heaving borrowing.
D. reliance on technology.
Answer: C
Economics
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Farms with sales of more than $250,000 account for __________ percent of U.S. agricultural sales.
Fill in the blank(s) with the appropriate word(s).
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If households save $40 billion less at each level of income and the MPC=0.8, the aggregate expenditure line will
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The ratio of the change in the equilibrium level of output to the change in taxes is the
A. tax multiplier. B. tax rebate ratio. C. government tax deficit. D. tax revenue calculator.
Economics