When people buy assets simply because they believe the assets will appreciate and can be sold for a profit, it may cause:
A. a recession.
B. unemployment.
C. inflation.
D. an asset-price bubble.
D. an asset-price bubble.
Economics
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Refer to Table 7-6. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many belts will Estonia consume?
A) 50 B) 70 C) 90 D) 120
Economics
When are net exports negative?
A. A nation's imports exceed its exports. B. A nation's exports exceed its imports. C. The economy's stock of capital goods is declining. D. Depreciation exceeds domestic investment.
Economics