All of the following are flow variables EXCEPT
A) saving. B) capital goods. C) consumption. D) investment.
B
You might also like to view...
When an economy operates at its long-run potential output level,
a. aggregate demand will exceed aggregate supply in the goods and services market. b. unemployment will decline to an abnormally low rate that cannot be sustained in the long run. c. the actual rate of unemployment will exceed the natural rate of unemployment. d. the natural and actual rates of unemployment will be equal.
Why were the U.S. government budget deficits of the 1980s and early 1990s so unusual from a historical point of view?
A. It was the first time that deficits diverted funds from other productive uses, such as investment in modern equipment. B. It was the first time that deficits were accompanied by very high rates of inflation. C. In the past, deficits were usually that large only in wartime. D. It was the first time the U.S. government had ever run deficits.
Externalities involve the imposition of costs or benefits on parties outside an activity or transaction.
Answer the following statement true (T) or false (F)
If a pension fund has insufficient contributions and earnings to pay benefits, it is said it be
A) underfunded. B) at par. C) fully funded. D) under par.