Which of the following is not a property of assets?
A) risk
B) inflation.
C) liquidity
D) maturity
B
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Deficit spending and a large national debt can have important effects on future generations because they
a. make it possible for those living in the present to pass the opportunity costs of current government spending on to future generations. b. can significantly impact spending on capital formation. c. will pass interest obligations on to future generations with no corresponding benefits. d. will cause the government to go bankrupt.
The consumption possibilities curve shows the combinations of goods that can be:
A. consumed by a nation before trade begins. B. consumed by a nation after trading begins. C. produced by a nation before trading begins. D. produced by a nation after trade begins.
Corporations are responsible for approximately what percentage of total business revenues?
A) 19 percent B) 50 percent C) 72 percent D) 83 percent
If the graph shown represents Donna's budget constraint, and the price of earrings were to decrease, the slope of Donna's budget constraint would become:
A. steeper, reflecting the fact that hairbands are now relatively less expensive.
B. flatter, reflecting the fact that hairbands are now relatively more expensive.
C. steeper, reflecting the fact that earrings are now relatively less expensive.
D. flatter, reflecting the fact that earrings are now relatively more expensive.