The Self-Correction view believes that in a recession_____.
A. there are forces in the markets that automatically move the economy back to full employment
B. the government should encourage business spending on research and development
C. the economy could be below full employment for long periods of time
D. only monetary policy can effectively restore full employment
Answer: A
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The assertion "capital is productive, but the ownership of capital is not," assumes the efficient use of resources
A) is different from technological efficiency and more difficult to achieve. B) is no more likely under one ownership arrangement than another. C) may be significantly affected by transferring ownership from private to public hands. D) sometimes is affected by transferring ownership from public to private hands.
Which of the following agencies calculates the CPI?
a. the National Price Board b. the Department Of Weight and Measurements c. the Bureau of Labor Statistics d. the Congressional Budget Office
Prescription drugs are covered by
A. the two parts split the cost. B. Medicare, Part A. C. Medicare, Part B. D. Medicare, Part D.
Explain the difference between financing investment with a business loan versus with venture capital. What are the pros and cons of each?
What will be an ideal response?