What is the highest bond rating assigned by Standard and Poor's?
A. EEE
B. A
C. AAA
D. AA
Answer: C
Economics
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Carefully distinguish between an economic theory and economic model.
What will be an ideal response?
Economics
Since 1970, the U.S. federal government had a budget surplus
A) in almost every year. B) in a few years in the 1990s. C) only once, in 2008. D) The U.S. federal government has not had a budget surplus since 1970.
Economics
The recession of 2007-2009 started
A. abruptly in 2007 with higher gasoline prices. B. in 2006. C. rather mildly in late 2007. D. with the financial collapse.
Economics
Identify how ideas from monetarism and rational expectations have been incorporated into mainstream thinking about macroeconomics.
What will be an ideal response?
Economics