Households sell their inputs to firms in ______ markets.
a. closed
b. stock
c. product
d. factor
d. factor
Economics
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In early 2010 there were __________ Americans working than there were 10 years earlier.
A. more B. fewer C. the same number of
Economics
The Malthusian model emphasizes fixity in which of the following factors of production?
A) labor B) land C) energy D) none of the above
Economics
Which of the following will decrease if the Fed sells bonds?
a. autonomous consumption. b. business investment. c. real GDP. d. none of the above.
Economics
The percentage of the burden of an excise tax that is borne by sellers generally depends on the
a. size of the tax. b. relationship between the elasticity of demand and the elasticity of supply. c. elasticity of demand. d. elasticity of supply.
Economics