Investment is an economic term for the act of increasing the stock of money available for business loans
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The word "final" in the definition of GDP refers to
A) not counting intermediate goods or services. B) the time period when production took place. C) valuing production at market prices. D) counting the intermediate goods and services used to produce GDP.
Economics
What is a recession?
What will be an ideal response?
Economics
An improvement in the technology used to produce goods would:
Economics
An industry's equilibrium wage rate is established
A. by the intersection of the industry supply and demand curves for labor. B. by the Labor Department and based on the cost of living in the area. C. by the slope of the industry demand curve for labor alone. D. by the industry supply curve for labor alone.
Economics