The most people live in ________ economies and the fewest people live in ________ economies
A) emerging market; developing
B) advanced; emerging market
C) developing; emerging market
D) advanced; developing
E) developing; advanced
C
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A stock whose rate of return fluctuates less than the rate of return of a market portfolio will have a beta that equals
A) 1. B) less than 1. C) more than 1. D) Either A or C above
According to the Keynesian model, an economy will have persistent, high unemployment if:
a. the government runs a budget deficit. b. markets operate freely. c. its total spending is too low. d. firms make too many investments.
What was the original stated purpose of Fannie Mae and Freddie Mac?
a. to allow the government to extend loans directly to low-income and minority households b. to help provide liquidity in the secondary mortgage markets c. to operate as non-profit entities that would provide competition for for-profit mortgage companies d. to take on mortgages going into default in order to prevent them from going into foreclosure
If planned spending exceeds planned output in an economy, the result is a(n)
What will be an ideal response?