Investment spending in the U.S. ________
A) comprises the majority of total spending
B) is equal to approximately 15 percent of total spending
C) is equal to approximately 81 percent of total spending
D) is the smallest component part of household consumption spending
B
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The typical welfare family consists of a ____________ and ____________ children.
Fill in the blank(s) with the appropriate word(s).
Which of the following enhances the ability of waste companies to collude?
A. High interest rates B. Differentiated nature of products C. Large number of firms D. Decals on waste receptacles
China is a clear example of a country that has:
A. achieved economic growth only after a democratic regime was in place. B. achieved economic growth without a democratic regime. C. failed to achieve economic growth without a democratic regime. D. failed to achieve economic growth, despite having a democratic regime.
Refer to Figure 3-7. Assume that the graphs in this figure represent the demand and supply curves for potatoes and that steak and potatoes are complements. What panel describes what happens in this market when the price of steak rises?
A) Panel (a) B) Panel (b) C) Panel (c) D) Panel (d)