Newly constructed homes are classified as
a. private consumption
b. housing services
c. housing supply
d. investment
e. construction.
D
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Unless the specialists involved in the different stages of production coordinate among themselves, specialization and division of labor can result in unused capacities and investment mismatches
Indicate whether the statement is true or false
A four-firm concentration ratio of 60 percent would indicate the likely presence of oligopoly
Indicate whether the statement is true or false
Mutual Funds
What will be an ideal response?
Which of the following best describes supply-side economics?
A) Labor productivity affects aggregate supply. B) Education affects labor productivity which affects aggregate supply. C) Education affects the incentive to work, save, and invest and, therefore, aggregate supply. D) Tax rates affect the incentive to work, save, and invest and, therefore, aggregate supply.