An example of a nondurable good is

A. a tablet device.
B. the purchase of labor for a business.
C. a truck.
D. a chicken purchased at a grocery store.


Answer: D

Economics

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A defining feature of new growth theory is that it involves economic models of growth which account for

A) political changes. B) capital flight. C) technological progress. D) population increases.

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If a consumer prefers apples to bananas and prefers bananas to citrus fruit, in order to satisfy assumptions about preferences she has to prefer

A) bananas to apples. B) citrus fruit to bananas. C) apples to citrus fruit. D) citrus fruit to apples.

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Which type of collective bargaining agreement requires workers to be union members prior to being considered for employment?

A) right-to-work B) union shop C) open shop D) closed shop

Economics

To eliminate an inflationary gap, Keynesian theory indicates that government should

A) increase taxes. B) decrease taxes. C) increase government purchases. D) decrease government purchases. E) either a or d

Economics