Which of the following expenditures are included in consumption?
A. Personal medical services.
B. Police services.
C. Public parks.
D. Public highways.
Answer: A
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U.S. imports ________.
A. increase the foreign demand for foreign currencies B. increase the domestic supply of foreign currencies C. decrease the foreign supply of foreign currencies D. increase the domestic demand for foreign currencies
Traditionally, economists regarded improvements in technology as
A) unrelated to economic growth in any systematic way. B) the most important factor that helped explain economic growth, and basically the only factor that would cause economic growth. C) an important factor in explaining economic growth that was due to economic forces that also could easily be explained. D) an outside factor that helped explain economic growth.
In the United States, which part of government investigates claims of subsidies or dumping?
What will be an ideal response?
The fact that supermarkets, a land-intensive form of organization, have become the dominant form of grocery store in the United States suggests that there is little or no potential for input substitution in the grocery store business
Indicate whether the statement is true or false