Entrepreneurs are people who:
A. create new economic enterprises.
B. run businesses on a day-to-day basis.
C. engage exclusively in business travel.
D. entertain the workers.
Answer: A
Economics
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When the U.S. Treasury sells gold, the immediate effect is that __________ and __________
A) reserves increase; currency in circulation decreases B) reserves decrease; currency in circulation increases C) reserves increase; Treasury deposits decrease D) reserves decrease; Treasury deposits increase
Economics
If the full-employment level of real GDP is greater than the equilibrium level of real GDP, the nation would be experiencing a(n)
A) inflationary gap. B) recessionary gap. C) demand-pull inflation. D) rising prices.
Economics