Which of the following is an example of a network?
A. Wireless telephone service
B. Internet
C. Railroads
D. All of the examples associated with this question are networks.
Answer: D
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The difference between "saving" and "savings" is that
A) saving is done by households and savings by businesses. B) saving is undertaken as a precaution against unemployment and savings are undertaken to increase investment spending. C) savings are the result of past and current saving. D) saving is placed in financial institutions such as banks, while savings are kept at home by people.
How do income redistribution programs affect equality and efficiency?
What will be an ideal response?
In the aggregate expenditures model, an increase in government spending causes a(n):
A. upward shift in the aggregate expenditures curve. B. downward shift in the aggregate expenditures curve. C. leftward movement along the aggregate expenditures curve. D. rightward movement along the aggregate expenditures curve.
Refer to Table 7.1, which shows the relationship between the price that Gladys charges for a product and the quantity of that product that Gladys sells. The total revenue that Gladys receives from selling four units of output is:
A. $4. B. $6. C. $10. D. $24.