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 97 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?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library