Economists found evidence of discrimination in each of the following markets except
a. 1960s baseball games
b. baseball cards
c. live basketball games in the 1980s
d. current era baseball games
d
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Some people will often remark that the used car market is a counter-cyclical business,meaning that the fortunes of the business tend to move in the opposite direction of the health of the economy
Why might this be true and what conclusion can you make about what kind of a good used cars would be classified as economically speaking?
Which of the following is NOT true about the national income identity given by the equation: S + (T – G) = I + CA?
A) If CA is positive, national saving finances the purchase of our goods by foreign users. B) If CA is negative, our investment is less than our national savings. C) A negative CA may imply that foreigners have confidence in the U.S. economy. D) If CA is negative and large, a country risks foreigners owning a large piece of its assets.