Multiple Choice
Which of the following items is a final good?
A) mustard in a deli
B) tin purchased by a tin can company
C) a sweater purchased by someone in a department store
D) a and b
E) a,b,and c
Correct Answer:
Verified
Correct Answer:
Verified
Q51: The typical U.S.business cycle,measured peak to peak,lasts
Q52: "Economic growth" has occurred if<br>A) inflation rate
Q53: Consumption expenditures in the U.S.usually account for
Q54: The largest component of national income in
Q55: Suppose investment is equal to $950 billion,purchases
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q58: Corporate profits is the largest category of
Q59: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q60: Suppose that net exports are -$140 billion
Q61: Which of the following statements is true?<br>A)