A firm's ________ is measured as a stock while ________ is measured as a flow.
A. investment in new capital; capital
B. planned inventory; current inventory
C. capital; investment in new capital
D. current labor force; current inventory
Answer: C
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If the x-axis variable increases while the y-axis variable decreases, the variables x and y are negatively related
Indicate whether the statement is true or false
Which of the following is included in the calculated gross domestic product? a. Mr. Kelly buys a used lawn mower from his neighbor Mr. Templeton
b. A local ice cream store sells $17,000 worth of cones and sundaes on July 4th. c. Suzanne buys a love seat and chair for $85 at the yard sale on the corner. d. Farmer Fred sells his second tractor to his son.
The consumption curve will shift upward if real asset and money holdings
a. increase, if people expect prices to increase, if interest rates decrease, and if taxes decrease b. increase, if people expect prices to increase, if interest rates increase, and if taxes increase c. increase, if people expect prices to increase, if interest rates increase, and if taxes decrease d. decrease, if people expect prices to decrease, if interest rates decrease, and if taxes decrease e. decrease, if people expect prices to increase, if interest rates increase, and if taxes decrease
How would the U.S. Bureau of Labor Statistics classify a 20-year old individual enrolled in college full-time and working 5 hours per week in the campus bookstore?
Select one: a. Not in the labor force b. A discouraged worker c. Not surveyed d. Employed