In 2008, the wealth of U.S. households fell by ________

A) $11 million
B) $11 billion
C) $11 trillion
D) $11 gajillion

C

Economics

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Refer to Figure 13-2. Ceteris paribus, an increase in the expected future price level would be represented by a movement from

A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.

Economics

Explain "haircuts" when a government defaults its debt

What will be an ideal response?

Economics