An extended recessionary period is indicative of

a depression.
the start of a recovery.
a growing economy.
the end of a recession.

Because of the housing bubble, many houses are now selling for much less than their selling price just two to three years ago. there is evidence that homeowners with virtually identical houses tend to ask for more if they paid more for the house. what fallacy are they making?

Which two words in this excerpt from the count of monte cristo can be used as synonyms to determine the meaning of the word grotto? dantès entered the second grotto. the second grotto was lower and more gloomy than the first; the air that could only enter by the newly formed opening had the mephitic smell dantès was surprised not to find in the outer cavern. he waited in order to allow pure air to displace the foul atmosphere, and then went on.

In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?