A chain saw is an example of which of the following factors of production?
a. Land. b. Labor.
c. Capital. d. None of these.
c
Economics
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Compared with price searchers' markets, price takers' markets are likely to result in
A) less advertising. B) less competition. C) lower output. D) more profit.
Economics
The sensitivity of one economic variable to changes in another variable is known as
a. the variability coefficient b. elasticity c. the sensitivity coefficient d. the cross-variability coefficient e. the law of demand
Economics
The government's chief forecasting gauge for business cycles is the
Economics
Between 2001 and 2003, the Federal Reserve cut interest rates 12 times. This is an example of
A. nondiscretionary fiscal policy. B. contractionary monetary policy. C. discretionary fiscal policy. D. expansionary monetary policy.
Economics