The financial sector is very important to the economy.
Answer the following statement true (T) or false (F)
True
As long as the financial sector is running smoothly, we tend to forget it is there. But, if it breaks down, like it did in 2008, the economy can be disrupted. The financial sector has two roles-to facilitate trade and to transfer savings back into spending.
Economics
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The slope of the planned expenditure line is
A) autonomous consumption. B) the marginal propensity to save. C) autonomous planned spending. D) the marginal propensity to consume.
Economics
Injections into the income-expenditure stream include:
A. Transfer payments and imports B. Government purchases and exports C. Taxes and imports D. Taxes and transfer payments
Economics