The reason that opportunity costs arise is that
A. people have unlimited wants.
B. there are no alternative decisions that could be made.
C. an economy relies on money to facilitate exchange of goods and services.
D. resources are scarce.
D. resources are scarce.
Economics
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Investment banks are vulnerable because
A) the maturity of their liabilities is less than the maturity of their assets. B) the maturity of their assets is less than the maturity of their liabilities. C) they tend to be underleveraged. D) they tend to primarily hold short-term assets.
Economics
Refer to the above figure. At Point B, the actual unemployment rate
A) will decrease over time. B) is negative. C) tends to be higher than the natural unemployment rate. D) tends to be lower than the natural unemployment rate.
Economics