Which statement is true?
A. We have had at least one recession in the 1940s, 1950s, 1960s, 1970s, 1980s, and 1990s.
B. We have had at least two recessions in any one decade since World War II.
C. We have had at least three recessions in all of the decades since World War II.
D. None of the choices are true.
A. We have had at least one recession in the 1940s, 1950s, 1960s, 1970s, 1980s, and 1990s.
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In the above table, if the firm sells 5 units of output, its total revenue is
A) $15. B) $30. C) $75. D) $90.
Transactions costs are defined to be the costs of:
a. negotiating and enforcing contracts. b. complying with environmental regulations. c. eliminating market and government failures. d. finding and obtaining offsets.
Marquis borrowed $1,000 from Ayana for a year and agreed to repay her $1,050 at the end of the year. If the inflation rate was 3 percent, what is the real rate of interest Ayana received?
a. 10 percent b. 5 percent c. 3 percent d. 2 percent e. -2 percent
The difference between the national debt and a federal budget deficit is
What will be an ideal response?