Which of the following would increase the investment component of U.S. GDP?
A. A French man purchases a vacation at a Disney theme park in France.
B. You purchase a vacation at Disney World in Florida.
C. Disney World purchases tires for the monorail from a firm in Ohio.
D. You purchase shares of Disney stock.
Answer: C
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As a logistics manager, your mandate is to efficiently provide the service customers need. What is the two-step process that can help you match the customer's needs to the service offerings?
a. Create new service opportunities and deliver on-time b. Execute to plan and drive economic expansion c. Develop a trust signal to raise consumer confidence and contribute to a defined contribution pension d. Identify the relevant cost service tradeoffs and run the numbers to assess the cost/benefit tradeoff
If a college student stays home and watches a Netflix movie for $2 rather than going out to a $15 movie, this is an example of the
A) utility effect. B) value effect. C) substitution effect. D) income effect.
Which of the following is a government expenditure, but is not a government purchase?
A) The federal government buys a Humvee. B) The federal government pays the salary of an FBI agent. C) The federal government pays out an unemployment insurance claim. D) The Federal government pays to support research on AIDS.
The invention of the integrated circuit by Jack Kilby of Texas Instruments gave rise to the information age. What did this technological change do the short-run supply curve?
A) It moved the economy up along a stationary short-run aggregate supply curve. B) It shifted the short-run aggregate supply curve to the left. C) It shifted the short-run aggregate supply curve to the right. D) It moved the economy down along a stationary short-run aggregate supply curve.