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 43 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

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Ectopic pregnancies. (a) An ectopic pregnancy may occur in any of the locations shown. Interstitial Ectopic pregnancies. (a) An ectopic pregnancy may occur in any of the locations shown. Interstitial
Long-Term Potentiation Long-Term Potentiation
Identify the Main Term Identify the Main Term
Investment in Computers as a Percentage of GDP, 1982–2009 Investment in Computers as a Percentage of GDP, 1982–2009
(left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur (left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur
MRI scans of normal elderly person compared to one with Alzheimer's MRI scans of normal elderly person compared to one with Alzheimer's
Video: Pericarditis

For a complete list of videos, visit our video library