(Consider This) Capital is a:
A. flow, whereas gross investment and depreciation are stocks.
B. flow, as are gross investment and depreciation.
C. stock, as are gross investment and depreciation.
D. stock, whereas gross investment and depreciation are flows.
D. stock, whereas gross investment and depreciation are flows.
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Research indicates that providing welfare to a family will cause their children to remain on welfare
Indicate whether the statement is true or false
Which of the following examples would likely have the lowest elasticity of demand if the price of the product changed?
a. Ramon spends $5 of his weekly paycheck of $1,500 on yogurt. b. Cynthia spends $200 of her weekly paycheck of $1,000 on clothes. c. Karl spends $50 of his weekly paycheck of $1,200 on music streaming. d. Yuna spends $800 of her weekly paycheck of $2,000 on a HD television.
Samuelson is concerned that advances in communications technology will result in the
What will be an ideal response?
Collusion:
A. rarely occurs in reality. B. is a common problem in reality. C. has not occurred in the last hundred years or so, due to government policy outlawing it. D. never occurs in reality.