When housing prices rise, homeowners gain equity in their homes
Indicate whether the statement is true or false
True
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A mismatch between the geographic location of workers and the location of job openings would result in which type of unemployment?
A. wait B. cyclical C. structural D. frictional
How is the cost of risk calculated when making a decision with an uncertain outcome?
What will be an ideal response?
An increase in foreign investment in Brazil's mining industry will increase the capital stock in Brazil. Holding labor and total factor productivity constant, continued increases in the capital stock will lead to
A) larger and larger increases in real GDP. B) smaller and smaller increases in real GDP. C) larger and larger decreases in real GDP. D) small increases, followed by small decreases, in real GDP.
Which of the following actions did Congress take in the 1930s, in an effort to prevent future financial crises like the stock market crash of 1929?
A. Glass-Steagall Banking Act B. Bubble Act C. Hastings Banking Act D. Formation of the CBO (Congressional Budget Office)