Which of the following is most central to the understanding of the economic crisis of 2008?
a. the decline of the stock market in late 2007
b. the housing boom (2001-2005) and bust (2007-2008)
c. the sharp rise in oil prices in 2008
d. unethical investment practices beginning in 2000
B
Economics
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The level of saving in Japan has historically been high relative to the level of domestic investment. Based on this information, we would expect that
A) Japan's net exports have been relatively high. B) Japan's capital inflows are positive. C) Japan's private saving is greater than its public saving. D) Japan's net foreign investment has been relatively low.
Economics
The market value of the inputs a firm uses is called
a. total cost. b. variable cost. c. marginal cost. d. fixed cost.
Economics