By definition, total production must always equal total

a. sales.
b. demand.
c. purchases.
d. income.


d

Economics

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Business cycles are officially dated by:

A) National Bureau of Economic Research, NBER. B) Bureau of Economic Analysis, BEA. C) Bureau of Labor Statistics, BLS. D) none of the above.

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During which period were government budget deficits quite large, but there was no corresponding surge of private saving?

a. in the mid-1970s b. in the mid-1980s c. in the mid-1990s d. in the mid-2000s

Economics

Giffen goods violate the law of demand

a. True b. False Indicate whether the statement is true or false

Economics

If net exports are positive

A) net foreign investment is also positive. B) net foreign investment is negative. C) capital inflows must be greater than capital outflows. D) Both A and B are correct.

Economics