Investment in a broad portfolio of stocks is most attractive for
What will be an ideal response?
long-term investors.
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Which term describes an especially lengthy and deep recession?
a. peak b. depression c. recession d. trough
A tax system in which the tax rate on everyone's first $10,000 of income is 10 percent, the tax rate on everyone's second $10,000 of income is 15 percent, and the tax rate on all income over $20,000 is 25 percent is a(n):
A. proportional tax. B. equitable tax. C. progressive tax. D. unit tax.
A piece of software that benefits many users at the same time would be an example of:
A. Network effects B. Learning by doing C. Multiple production D. Simultaneous consumption
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C