Economists and others use economic theory
a. only to analyze situations in which money changes hands.
b. as a partial basis for public policy recommendations.
c. to confuse their enemies.
d. to replace value judgments about important policy issues.
b
Economics
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When output is less than the economy's long-run capacity, which of the following is most likely to occur?
a. an abnormally low rate of unemployment b. reductions in real interest rates and real resource prices c. a sharp increase in imports d. a government budget surplus
Economics
When Snap sells newly issued shares of stock this is an example of
A) direct finance in a primary market. B) direct finance in a secondary market. C) indirect finance in a primary market. D) indirect finance in a secondary market.
Economics