The "expansion" of an economy occurs after
A) firms produce more goods. B) a trough.
C) people spend more money. D) an inflationary period.
B
You might also like to view...
When the Fed buys or sells securities, it is conducting ________ operation
A) a deposit B) a currency C) a government debt D) an open market E) a money multiplier
Marginal revenue is equal to:
A) the change in price divided by the change in output. B) the change in quantity divided by the change in price. C) the change in P x Q due to a one unit change in output. D) price, but only if the firm is a price searcher.
In 2003, the largest component of U.S. GDP was
a. personal consumption expenditures b. government purchases c. durable goods d. net exports e. gross private domestic investment
Legal entitlement to scientific discoveries, inventions, innovations and intellectual property
What will be an ideal response?