Wealth
A) is the same as income.
B) includes assets such as houses, stocks, and bonds.
C) does not include tangible objects.
D) is a flow and not a stock.
Answer: B
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If the change in y = 10 and the change in x = 3, there is
A) a positive relationship between y and x. B) a negative relationship between y and x. C) an independent relationship between y and x. D) no relationship between y and x. E) a +0.33 relationship between the two variables.
List the four criteria that are generally used to evaluate economic outcomes
What will be an ideal response?
A market includes
a. buyers only. b. sellers only. c. both buyers and sellers. d. the place where transactions occur but not the people involved.
Bond markets allow firms to pursue
a. equity financing. b. debt financing. c. limited growth policies. d. government loans and subsidy programmes