Wealth decreases as a result of ________ and/or ________.
A. positive saving; capital gains
B. negative saving (borrowing); capital gains
C. negative saving (borrowing); capital losses
D. negative saving (borrowing); crowding out
Answer: C
You might also like to view...
Demand is a schedule that shows
A) a set of possible prices for a good and the quantities of the good that will be purchased at each of those prices. B) how much income it takes to afford various quantities of a good. C) the relationship between the cost of producing a good and the price that sellers will charge. D) how population changes will affect the amount of a good that is needed.
You have the option of consuming one cup of coffee or two donuts or three oranges. You picked the cup of coffee. Therefore the opportunity cost of this cup of coffee is
A) the price of the cup of coffee. B) the difference in the prices of these three products. C) the price of the donuts as they are usually consumed with coffee. D) either the donuts or the oranges, whichever you like more.