A decrease in Social Security payments will A decrease investment spending B

A decrease in social security payments will a

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39) A decrease in Social Security payments will A) decrease investment spending.B) decrease consumption spending.C) decrease export spending.D) decrease government spending.Answer: B39)Diff: 1Page Ref: 754/348Topic: ConsumptionLearning Outcome: Macro 2: Explain the relationship between expenditure and incomeAACSB: Reflective Thinking 40) ________ is defined as the value of a householdʹs assets minus the value of its liabilities. 40)Diff: 1Page Ref: 754/348Topic: Household WealthLearning Outcome: Macro 2: Explain the relationship between expenditure and incomeAACSB: Reflective Thinking 41) Examples of assets that are included in household wealth would be 41)Diff: 2Page Ref: 754/348Topic: Household WealthLearning Outcome: Macro 3: Identify and interpret key macroeconomic measuresAACSB: Reflective Thinking 42) A stock market boom which causes stock prices to rise should cause 42)Diff: 2Page Ref: 754/348Topic: Household WealthLearning Outcome: Macro 2: Explain the relationship between expenditure and incomeAACSB: Reflective Thinking 43) Housing wealth is equal to A) the market value of a house minus the value of loans people have taken out to pay for thehouse.B) the actual price paid for a house minus the current value of the house.C) the current market value of the house should that house be sold within the next 30 days.D) the actual price paid for a house minus the value of any outstanding loans taken out to payfor the house.Answer: A43)Diff: 2Page Ref: 755-756/349-350 Topic: Household Wealth Learning Outcome: Macro 3: Identify and interpret key macroeconomic measures AACSB: Reflective Thinking 10
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  • Spring '11
  • Lee
  • Economics, Prime number, AACSB, Page Ref, Green Line, Reflective thinking

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