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 78 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?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library