Business fixed investment
a. includes the building of single- and multi-family housing units.
b. is the change in business inventories.
c. is the smallest subcomponent of investment.
d. consists of purchases of a newly produced plant and equipment.
D
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Which factor listed below does NOT help account for the age-earning cycle?
A) productivity B) number of hours worked each week C) effects of aging D) racial discrimination
Reciprocity between two countries implies that
a. neither will trade with the other b. trade flows freely across the two countries' borders c. trade can only be beneficial to one of the countries d. each agree not to trade with any other countries e. you do unto others as they do unto you
A change in quantity supplied of a product is the result of a change in:
A. consumer income. B. the state of production technology. C. the cost of producing the product. D. the price of the product.
Which nation is NOT one of the current members of the European Union?
A) Greece B) Germany C) Sweden D) Norway