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    Principles of Macroeconomics Study Set 12
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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    Households Are Said to Have ________ Wealth When the Value
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Households Are Said to Have ________ Wealth When the Value

Question 320

Question 320

Multiple Choice

Households are said to have ________ wealth when the value of their assets is less than the debts they owe.


A) negative
B) positive
C) zero
D) undefinable

Correct Answer:

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