Since 1950, national wealth in the U.S. has
A) Stayed about the same
B) Decreased for median households
C) Has increased by a huge amount
D) Has decreased by a small amount
Answer: C) Has increased by a huge amount
You might also like to view...
A good is nonexcludable if the benefits derived from consuming it cannot be easily denied to those who do not purchase it
a. True b. False
The Vietnam war, typical of all prolonged wars, resulted in
a. substantial unemployment b. demand-pull inflation c. stagflation d. cost-push inflation e. a recession
Which of the following is a bank liability?
A. Reserve deposits at the Fed. B. Loans made to customers. C. Transactions account balances. D. Securities the bank has purchased.
In the United States, all property is privately owned.
Answer the following statement true (T) or false (F)