This topic contains a solution. Click here to go to the answer

Author Question: In the first half of 2011, automobile sales in the United States were lower than they were in the ... (Read 76 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
In the first half of 2011, automobile sales in the United States were lower than they were in the first half of 2010.
 
  The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses.
  A) consumption; investment B) investment; consumption
  C) durable goods; nondurable goods D) nondurable goods; durable goods

Question 2

A bank is legally required to hold a fraction of its ________ as ________.
 
  A) loans; required reserves B) deposits; required reserves
  C) loans; excess reserves D) deposits; excess reserves



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

billybob123

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A

Answer to Question 2

B





 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library