Fluctuations in Tobin's q are ________, because ________
A) frequent and substantial; asset prices are volatile
B) frequent and substantial; replacement costs are volatile
C) infrequent and mild; replacement costs are relatively stable
D) infrequent and mild; the marginal product of capital does not change quickly
A
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The FE line shows the level of output at which the ________ market is in equilibrium
A) Goods B) Asset C) Labor D) Money
Explain what economists mean when they say that the United States is a net debtor nation. Identify a potential problem and a positive aspect associated with this status.
What will be an ideal response?
Aggregate demand is the total demand for intermediate goods and services in an entire economy
Indicate whether the statement is true or false
Household production still exists because it often requires fewer specialized resources than market production does
a. True b. False