Use the following graphs to answer the next question.
For which graph are there economies of scale throughout the entire range of output of cars?
A. Graph 1
B. Graph 2
C. Graph 3
D. Graph 4
Answer: B
Economics
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The cyclical unemployment rate changes with business cycle fluctuations
Indicate whether the statement is true or false
Economics
If the Fed lowers the federal funds rate, which of the following occurs?
A) Investment increases. B) Consumption expenditure decreases. C) The price of the dollar on the foreign exchange market increases. D) Net exports decrease. E) Government expenditure on goods and services increases.
Economics
Consumer spending represents about what fraction of total spending in the economy?
a. one-fifth b. two-thirds c. one-third d. two-fifths e. three-fourths
Economics
the value of paper used to make books should be added to GDP.
a. true b. false
Economics