In general, the gains over time from saving in a managed fund like a mutual fund are much higher than those from saving money in a standard savings account in a bank

Refer to Figure 2-8. What is the opportunity cost of 100 dozen roses?

A) 0.8 dozen orchids B) 5 dozen orchids C) 40 dozen orchids D) 80 dozen orchids

When the economy enters a recession, automatic stabilizers create:

A. higher taxes. B. more discretionary spending. C. budget deficits. D. budget surpluses.