Mental or physical labor or help purchased by consumers is a(n)
A. durable consumer good.
B. nondurable consumer good.
C. service.
D. investment.
Answer: C
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Which of the following is necessary for efficient markets?
A) Positive externalities B) Negative externalities C) Pecuniary externalities D) Free-riding
A traveler's check issued by a financial company is a component of M2
a. True b. False Indicate whether the statement is true or false
Which of the following provides the most reasonable explanation for why agricultural interests lobby for higher farm subsidies and price supports?
What will be an ideal response?
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. For this economy to move from Point C to Point B, ________ additional LCD TVs could be produced when the production of OLED TVs is reduced by 20.
A. exactly 30 B. exactly 60 C. fewer than 30 D. more than 30