In the U.S. economy, a large portion of investment decisions are made by

A. households.
B. the private sector.
C. the public sector.
D. international organizations.


Answer: B

Economics

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If the market price falls below a firm's minimum average total cost, the firm should:

A. definitely stop production. B. definitely continue to operate at a loss. C. consider how to minimize its losses. D. pay only fixed costs.

Economics

Assume that the demand curve for a commodity is represented by the equation Q = 25 - 1.3P. Calculate the change in total spending for this commodity when price falls from $4.50 to $4.20

a. Total spending rises by $4.11. b. Total spending declines by $4.11. c. Total spending declines by $8.20. d. Total spending rises by $8.20.

Economics

Pricing can be

A) in the form of a markup. B) can be based on peak loads. C) a barrier to entry. D) all of these choices.

Economics

Some critics of antitrust are worried that some firms

a. will seek to increase competition to a dangerous level. b. will collude in order to avoid the laws. c. may use antitrust to prevent competition. d. may go out of business from large damage awards.

Economics