The demand for a resource depends largely on the
a. demand for the products that it produces.
b. price of the resource.
c. supply of the resource.
d. cost of producing the resource.
A
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Use Tobin's q theory and the neoclassical theory of investment to explain how optimistic scenarios of the "information age" would cause overinvestment in computer-related capital goods, and how that overinvestment would cause a sudden reversal
What will be an ideal response?
Which of the following is likely to be excluded from the gross domestic product (GDP) of a country?
a. The value of the drugs being sold in a vacant lot b. The value of the drugs being sold in a pharmacy c. A doctor treating a patient in a hospital d. The value of a new house bought by an individual e. The value of new furnitures bought by an individual
Based on the table showing poverty for different groups, which racial group has the lowest poverty rate?
a. Asians
b. Blacks
c. Hispanics
d. Whites, not Hispanic
More than any other country, the citizens of _______ consider American dollar a much better medium of exchange and standard of value than their own currency.
Fill in the blank(s) with the appropriate word(s).