Recessions are associated with budget deficits
a. True
b. False
A
You might also like to view...
Currency traders expect the value of the dollar to fall. What effect will this have on the demand for dollars and the supply of dollars in the foreign exchange market?
A) Demand for dollars will increase, and supply of dollars will increase. B) Demand for dollars will decrease, and supply of dollars will decrease. C) Demand for dollars will increase, and supply of dollars will decrease. D) Demand for dollars will decrease, and supply of dollars will increase.
Along a straight-line demand curve, why does the price elasticity of demand grow steadily smaller as we move from left to right?
What will be an ideal response?
Bargain airline fares in which airlines charge varying rates to passengers for the same flight and service is an example of
A. market penetration. B. transaction pricing. C. collusion. D. price discrimination.
Suppose you purchase a new home for $75,000, making a down payment of 20% and taking out a mortgage on the balance
What is the return on your investment in your home if one year later the price of the home increases by 5%? What if the price of the home decreases by 5%?