If a basket of goods costs $100 in 2015 and the price index rises by 4 percent every year, the same basket would cost _____ in 2020

In the circular flow diagram, ________ supply the factors of production, and ________ goods and services

A) firms; sell B) households; buy C) firms; buy D) households; sell

Reducing the maximum LTV is likely to ________ demand and thus ________ the housing price increase

A) decrease; slow down B) increase; slow down C) decrease; speed up D) increase; speed up