The nation's largest bank has assets over
A. $2.2 trillion.
B. $25 billion.
C. $250 billion.
D. $800 billion.
E. $1.8 trillion.
A. $2.2 trillion.
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The gross domestic product (GDP) concept accounts for society's valuation of the relative worth of goods and services by using a ________.
A. utility measure B. monetary measure C. measure of volume D. measure of physical weight
Refer to the above figure. A movement from B to D would be a result of
A) an increase in the quantity of money in circulation. B) an increase in the marginal income tax rate. C) an increase in labor productivity. D) an increase in government expenditures.
The entry of firms into a perfectly competitive industry causes the supply curve to
A. increase its slope. B. decrease its slope. C. move toward the right. D. move toward the left.
The committee of the National Bureau of Economic Research that determines when a recession in the U.S begins and ends looks at
a. employment, industrial production, sales, and personal income. b. real GDP. c. employment and sales. d. employment. e. sales and industrial production.