Household wealth is defined as the value of a household's
A) assets minus the value of its liabilities. B) liabilities.
C) assets plus the value of its liabilities. D) assets.
A
Economics
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Which of the following statements is true?
a. There is no single correct strategy for economic growth and development. b. In general, GDP per capita is highly correlated with alternative quality of life measures. c. The World Bank is affiliated with the United Nations and makes long-term low-interest loans to LDCs. d. All of these.
Economics
If a firm shuts down, its
a. fixed costs remain unchanged. b. revenue will fall to zero. c. short-run variable costs will fall to zero. d. All of the above are correct.
Economics