The total market value of capital assets in the United States is about $30 trillion dollars
a. True
b. False
Indicate whether the statement is true or false
True
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The budget line shows:
A. the amount of product A that a consumer is willing to give up to obtain one more unit of product B. B. all possible combinations of two goods that can be purchased, given money income and the prices of the goods. C. all equilibrium points on an indifference map. D. all possible combinations of two goods that yield the same level of utility to the consumer.
Explain briefly what will likely happen to society if it chooses to produce more capital goods and fewer consumption goods
What will be an ideal response?
Which of the following is true of the structure of the public education system in the United States?
A. Teachers are paid based solely on their performance and abilities. B. School principals do not have budgetary incentives to make bad teachers better. C. Parents can threaten principals to move their kids to a private school if they are disappointed with the quality of education. D. Teachers receive monetary incentives to educate students with special needs.
Decisions regarding purchases and sales of securities by the Fed are made by: a. FDIC
b. Discount Committee. c. Federal Open Market Committee. d. Federal Funds Committee.