Another term for "don't put all your eggs in one basket" is
A) moral hazard.
B) indirect finance.
C) asymmetric information.
D) portfolio diversification.
D
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If the net public debt expanded last year, then which of the following most likely occurred during the year?
A) The government's budget was balanced. B) The government's tax collections exceeded its spending. C) The government experienced a budget surplus. D) The government experienced a budget deficit.
According to classical macroeconomic theory, changes in the money supply change nominal but not real variables
a. True b. False Indicate whether the statement is true or false
If government legislates a price floor that is below the equilibrium price
A. a shortage will develop. B. a black market will soon develop. C. a surplus will develop. D. market price and quantity sold will be unaffected.
Housing Starts peaked
A. before the recession of 2007-2009 began. B. in 1999. C. after the recession began in December 2007. D. right as the recession began in December 2007.