The term autarky refers to

a. equilibrium after trade begins between two countries
b. the gains received from trade
c. self-sufficiency
d. political isolationism
e. the recognition that mutually beneficial trade is not possible between two countries

C

Economics

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The mortgage crisis started to come to a head

A) when the Federal Reserve started to raise interest rates. B) when government deficit started to grow at increasing rates. C) when the Federal Reserve passed a law aimed at getting every American to own their own home. D) a. and b. are true

Economics

“Households are the principal source of savings. But businesses are the main economic investors.” Briefly explain

What will be an ideal response?

Economics