Expectations of asset values by participants in financial markets

A) are not possible to model, given the current state of economic knowledge.
B) determine market prices, but are not related to changes in market prices.
C) generally do not change.
D) determine current market prices and changes in market prices.

D

Economics

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In the circular flow model, which of the following owns the factors of production?

A) only federal, state, and local governments B) only households C) only firms D) both firms and households E) firms, households, and all levels of government

Economics

The goods and services provided by hospitals, doctors, therapists, and pharmacies are collectively referred to as ________

Fill in the blank(s) with correct word

Economics