Which of the following is a component of aggregate demand?

A. Consumption
B. Investment
C. Net exports
D. All of these are components of aggregate demand.


D. All of these are components of aggregate demand.

Economics

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Katy Perry's latest album is protected from other artists using her lyrics because of:

A. Specialization B. Opportunity costs C. Property rights D. Incentives

Economics

Another term for equilibrium price is

a. dynamic price. b. market-clearing price. c. quantity-defining price. d. balance price.

Economics

Which formula is used to calculate total revenue?

a. TR = P x Q b. TR = P + Q c. TR = P – Q d. TR = P/Q

Economics

To the extent that oligopolies differentiate their products,

A. there is overproduction from society's point of view. B. they are also likely to price at marginal cost. C. there is the promise of new and exciting products. D. they force themselves into deadlocks that waste resources.

Economics