In a capitalist country most resources are owned by

A. business firms.
B. households.
C. the government.

B. households.

Economics

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Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; higher C. higher; potential D. lower; higher

Economics

An overvalued domestic currency:

A) can be achieved by selling the domestic currency. B) harms all the economic agents in the country. C) makes imports less expensive for domestic consumers. D) benefits all the economic agents in the country.

Economics