Capital purchases by businesses of newly produced durables is known as
A. the income approach.
B. inventory investment.
C. the expenditure approach.
D. fixed investment.
Answer: D
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Discuss the effects of technological change on the elimination of natural monopolies.
What will be an ideal response?
Changes in demand will often be met with changes in output rather than changes in prices because of formal and informal contracts
Indicate whether the statement is true or false
The above figures show the market for oranges. Which figure(s) shows the effect of a new government program that provides each public school child with an orange to start the day?
A) Figure A B) Figure D C) Figures A and C D) Figures A and D
The test statistic used to test the hypothesis of whether a regression coefficient is significantly different from zero, holding all other independent variables constant, is called a(n):
A) F-test. B) autocorrelation test. C) multicollinearity test. D) t-test.