Investment spending includes spending on:
A. stocks and bonds.
B. new capital goods.
C. services.
D. consumer durable goods.
Answer: B
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Compared to whites, blacks had disproportionately high mortality rates in:
a. the far southern colonies. b. the Caribbean colonies. c. the northern mainland colonies. d. the mid-Atlantic colonies.
A firm operating in a monopolistically competitive market can earn economic profits in
a. the short run but not in the long run. b. the long run but not in the short run. c. both the short run and the long run. d. neither the short run nor the long run.
Which of the following is not a determinant of the demand:
Select one: a. Income b. Price c. Technology d. Beliefs and traditions
If there is a surplus in the oil market, then the price of oil will:
A. rise. B. fall. C. remain unchanged. D. react unpredictably.