1) A financial crisis can lead to a recession because it can cause:

A. wealth and income to fall, reducing spending and ultimately reducing employment.
B. investment and income to fall, lowering saving and increasing the money supply.
C. wealth and saving to fall, lowering investment and increasing the money supply.
D. investment and saving to fall, increasing spending and ultimately reducing employment.
2) A major new invention can lead to an expansion if there are:

A. increases in saving, the money supply, and employment:
B. decreases in wealth and increases in consumption and unemployment.
C. increases in investment, consumption, output, and employment.
D. decreases in saving and increases in consumption and unemployment.

Which result is a positive aspect of globalization?

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

Which of the following is least likely to a team solve problems together