In the Keynesian model of income determination, consumer expenditure includes spending by
A) consumers on personal computers.
B) businesses on personal computers.
C) governments on personal computers.
D) foreigners on domestic personal computers.
A
Economics
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A) large; small B) small; large C) small; small D) large; large
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Over what range of prices does a surplus arise? What happens to the price when there is a surplus?
What will be an ideal response?
Economics
"Hicks' Third Law of Demand" states that "most" goods must be:
a. gross substitutes. b. gross complements. c. net substitutes. d. net complements.
Economics
Explain why there were so many bank failures in the 1980s and 1990s
Economics