In the national income accounts, new investment goods are considered

a. intermediate goods, and therefore, not counted.
b. final goods.
c. subtractions from final output.
d. depreciated goods


b

Economics

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Refer to the figure below. In this game, the dominated strategy for Player A: 

A. will depend on Player B's move. B. is to play down. C. is to play up. D. is to cooperate with Player B.

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The price elasticity of a horizontal demand curve is always

A. infinitely large. B. zero. C. one. D. increasing as price increases.

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For many developing countries, natural resources or agricultural commodities make up ________ share of exports

A) close to no B) an unimportant C) an important D) close a to 5 percent E) close to a 10 percent

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If rational expectations hold, aggregate demand policy actions only affect output if

a. they are predictable. b. they are unpredictable. c. they are systematic. d. they are permanent. e. both b and d.

Economics