Consumption or household spending of an economy comprises of both consumer spending and business spending

a. True
b. False
Indicate whether the statement is true or false


False

Economics

You might also like to view...

Financial securities that represent promises to repay a fixed amount of funds are known as

A) stocks. B) pension funds. C) bonds. D) insurance premiums.

Economics

Which of the following types of unemployment can the classical model not explain?

a. Structural unemployment b. Cyclical unemployment c. Seasonal unemployment d. Frictional unemployment e. Temporary unemployment

Economics

Which concept do some scholars use to explain the growth in free trade after World War II?

a. regionalization b. voluntary export restraint c. embedded liberalism d. hegemonic stability

Economics

If both the lender and borrower agree on an 8 percent interest rate, both expect a 4 percent inflation rate, and inflation turns out to be 4 percent, then ________ by the inflation.

A. the borrower gains and the lender is hurt B. both the borrower and lender are hurt C. neither the borrower nor the lender are hurt D. the borrower is hurt and the lender gains

Economics