In a capitalist market economy, the decision to save is made by the same people who make the major investment decisions.
Answer the following statement true (T) or false (F)
False
You might also like to view...
The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
As of October 2012, the amount of money as measured by M2 was about
A) $880 billion. B) $1700 billion. C) $10.2 trillion. D) $14 trillion.
Which of the following is true about renewable resources? a. Land resources include oil, coal, and natural gas that have a fixed stock. b. Land resources include irrigation networks and wastewater treatment plants that utilize water
c. Land resources include air filtration systems in buildings that renew and refresh polluted air from the outside. d. Land resources include forests, range lands, and marine fisheries that naturally regenerate.
If the exchange rate between the yen and the dollar changed from 100 yen = $1 to 110 yen = $1, then
a. the dollar depreciated b. U.S. goods will become less expensive to the Japanese c. the dollar appreciated d. Japanese goods will become more expensive to U.S. citizens e. the demand for dollars will increase