What did Adam Smith perceive was primarily responsible for improving standard of living?

Measured wealth is a less accurate indicator of economic inequality than is measured income because measured wealth excludes

A) owner-occupied housing. B) financial assets. C) depreciation. D) human capital.

In 2007, which U.S. firm showed the first indication of significant problems in the financial sector?

a. AIG b. Bear Stearns c. J.P. Morgan Chase d. Lehman Brothers