The process of asset transformation refers to the conversion of

A) safer assets into risky assets.
B) safer assets into safer liabilities.
C) risky assets into safer assets.
D) risky assets into risky liabilities.

C

Economics

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If the government increases expenditure by $40 billion and increases tax revenues by $40 billion, what is the impact on aggregate demand? Explain your answer

What will be an ideal response?

Economics

Of the following examples, expenditures on ______ will most likely increase dramatically when the GDP rises.

a. HDTVs b. pants c. cough drops d. milk

Economics