What percentage of Aggregate Expenditure is consumption in recent decades?

a. 22%
b. 15%
c. 32%
d. 70%


d

Economics

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The benefits of urbanization include: crime, pollution, increased taxation and congestion

Indicate whether the statement is true or false

Economics

If an indifference curve is bowed in toward the origin, the marginal rate of substitution is

a. not likely to reflect the relative value of goods. b. likely to be constant for all bundles along the indifference curve. c. likely to be identical to the price ratio for each bundle along the indifference curve. d. different for each bundle along the indifference curve.

Economics

If nations trade on the basis of comparative advantage

A. a nation can usually gain only it has an absolute advantage. B. all trading partners share equally in the gain. C. all trading partners share in the gain with distribution determined by their negotiating ability. D. a nation with an absolute advantage gains more than the other nations.

Economics

Federal Reserve monetary policy goals include..

What will be an ideal response?

Economics