The American economy is ________ economy in the world today.
A. the largest and the fastest growing
B. neither the largest nor the fastest growing
C. the largest, but not the fastest growing
D. the fastest growing, but not the largest
C. the largest, but not the fastest growing
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Forward Guidance refers to:
A. a process similar to open-market purchases B. information that a central bank provides to the financial markets regarding its expected future monetary- policy path C. lending of reserves by the Federal Reserve to commercial banks D. a process similar to open-market sales
In a partnership of two people
A) each person has 50 percent liability. B) it is more difficult to specialize with two persons than with one. C) each person has unlimited liability. D) the law releases each partner from legal liabilities.
If it could increase its growth rates slightly, a country with low income would catch up with rich countries in about ten years
a. True b. False Indicate whether the statement is true or false
In the ________, the perfectly competitive firm will react to losses by __________________________.
a. short run; reducing production or shutting down b. long run; reducing production or shutting down c. short run; increasing physical inputs d. long run; increasing capital inputs