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 103 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
Thanks for the timely response, appreciate it

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Long-Term Potentiation Long-Term Potentiation
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Full-term Twin Full-term Twin
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library