This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economists use the term wealth to mean A) what a person earns. B) a person's investment. C) ... (Read 34 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Economists use the term wealth to mean
 
  A) what a person earns.
  B) a person's investment.
  C) what a person owns.
  D) the amount of income that is spent and not saved.
  E) the same thing as income.

Question 2

The 2008-2009 recession must have been a result of ________ because otherwise the combination of the ________ cannot be explained.
 
  A) a decrease in AD and an increase in AS; rise in the price level and the decrease in real GDP
  B) a decrease in AD and AS; rise in the price level and the decrease in real GDP
  C) a decrease in AD and AS; decrease in the price level and the decrease in real GDP
  D) a decrease in AD and an increase in AS; fall in the price level and the decrease in real GDP
  E) an increase in AD and AS; rise in the price level and the decrease in real GDP


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


cabate

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
Excellent

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
Growth of Dendritic Spines After Long-Term Potentiation Growth of Dendritic Spines After Long-Term Potentiation
Steel-toed shoes are a worthwhile investment to help prevent foot injury due to falling objects. ... Steel-toed shoes are a worthwhile investment to help prevent foot injury due to falling objects. ...
Full-term Fetus Full-term Fetus
The term “natural,” when used on the packaging of meat and poultry The term “natural,” when used on the packaging of meat and poultry
Post-term birth rates, by province/territory, Canada Post-term birth rates, by province/territory, Canada
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library