By definition, total production must always equal total
a. sales.
b. demand.
c. purchases.
d. income.
d
Economics
You might also like to view...
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.
Economics
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