___________ is the payoff/earnings from a particular gamble.
Fill in the blank(s) with the appropriate word(s).
Ans: Expected Value
Economics
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Which of the following would count as an investment expenditure in national income accounting?
a. General Motors hires 10 electrical engineers. b. Boeing purchases a new metal stretching machine used to produce airplane wings. c. Ms. Quantum buys 100 shares of Microsoft stock. d. A large corporation spends $10,000 per month on long-distance phone charges.
Economics
Choosing from among the following, the worst recession was in
A. 1937-1938. B. 1980. C. 1990-1991. D. 2001.
Economics