The future value of $500 saved for two years at an interest rate of 5% is

Communist countries worked under the premise that

a. people, when left on their own without government intervention, will find the best use of available resources b. central planners were in the best position to determine the allocation of scarce resources in the economy. c. households and firms, guided by an "invisible hand," could achieve the most efficient allocation of scarce resources. d. allowing the market forces of supply and demand to operate with no government intervention would achieve the most efficient allocation of scarce resources.

(Consider This) In 2008 and 2009, the United States experienced what has come to be known as the:

A. Great Depression. B. Great Recession. C. Great Expansion. D. Great Stagnation.