Which of the following is the term used to describe a failing bank selling off a substantial amount of assets in a short time period in order to remain solvent?

a. fire sale
b. short sale
c. long sale
d. liquidity sale

a

Economics

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Inflation burdens those individuals living on fixed incomes

Indicate whether the statement is true or false

Economics

The rule for the optimal use of any input says that

a. when MRP is less than price, it pays to expand resource use. b. when MRP is greater than price, it pays to expand resource use. c. when MRP equals price, resource use should be cut back. d. resources should be used only if MRP exceeds price.

Economics