If this is an open economy, the price of a car will be ________.
A. $8,000/car
B. $10,000/car
C. $14,000/car
D. $6,000/car
Answer: B
Economics
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When a recession ends,
A) the household sector decreases spending substantially. B) interest rates decrease. C) households decrease spending on durable goods. D) firms increase the amount of borrowing.
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Monetary and price instability will
What will be an ideal response?
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Exhibit 5-5 Demand curve for computers
?
In Exhibit 5-5, the total revenue at point B on the demand curve equals:
A. OA. B. CB. C. AB. D. OABC.
Economics
The actual and cyclically adjusted budgets will be equal when the economy is at full employment.
Answer the following statement true (T) or false (F)
Economics