What stage of the business cycle immediately follows the trough?
a. Recession
b. Peak
c. Depression
d. Recovery
d
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The "Four Freedoms" are an important goal of the
A) Treaty of Rome. B) Single European Act. C) European Monetary System. D) Maastricht Treaty. E) European Free Trade Area.
Retained earnings are
a. earnings of a company that are not paid out to stockholders. b. the amount of revenue a corporation receives for the sale of its products minus its costs of production as measured by its accountants. c. the single most important piece of information about a stock. d. computed by multiplying the dividend yield by the price of the stock.
What is income redistribution?
What will be an ideal response?
C = 2,800 + 0.9y
I = 750 G = 1,200 NX = 150 Given the equations for C, I, G, and NX above, what is the equilibrium level of GDP (Y)? What will be an ideal response?