Which one of the following is TRUE?
A) Stock ownership is an increasingly smaller part of Americans' net worth.
B) Economic growth has eliminated the occurrence of recessions.
C) Income inequality can lead to economic growth through the incentive effect.
D) Stock ownership is a greater component of the wealth of Europeans than it is of the wealth of Americans.
Correct Answer:
Verified
Q51: The current size of the U.S. labor
Q52: The majority of workers in the U.S.
Q53: Which one of the following is TRUE?
A)
Q54: What is the incentive effect?
A) A disparity
Q55: When the rate of economic growth dips
Q57: Which one of the following is FALSE?
A)
Q58: GDP does NOT include
A) the value of
Q59: GDP is expressed in
A) physical units.
B) monetary
Q60: Which of the following statements is FALSE?
A)
Q61: A free market system allocates scarce goods
A)
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