A major disruption in financial markets characterized by sharp declines in asset prices and firm failures is called a
A) financial crisis.
B) fiscal imbalance.
C) free-rider problem.
D) "lemons" problem.
A
Economics
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Both the social sciences and the natural sciences employ ________ to help them understand the world around them
A) models B) designs C) traditional thinking D) implications
Economics
Which of the following is most consistent with the idea that if it's worth doing, it's worth doing imperfectly?
a. When Mia cleaned her apartment, she didn't clean under the refrigerator. b. Mason is so disorganized that he spends 15 minutes every day trying to find his glasses. c. The senator stated, "No price is too high to save a life!" d. Ford's new policy is to make every car completely safe.
Economics