_____ and _____ are examples of complementary products
a. Coke; Pepsi
b. Coffee; tea
c. Hot dogs; hot dog buns
d. Pens; pencils
c
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As disposable income ________, planned consumption expenditure ________ by a ________ amount
A) decreases; increases; larger B) increases; decreases; smaller C) increases; increases; larger D) increases; increases; smaller E) decreases; increases; smaller
For decades, the NCAA restricted the number of college football and basketball games that could be televised, and in 1982 the University of Georgia and the University of Oklahoma sued the NCAA under the federal antitrust laws
In 1984, the Supreme Court decided the case A) against the NCAA, citing anticompetitive practice. B) against the NCAA, citing that the NCAA did not control what television networks put on the air. C) for the NCAA, citing the fact that belonging to the NCAA was voluntary. D) against the NCAA, citing explicit collusion among the larger colleges.
The majority of spending in the category of government purchases comes from:
A. the federal government. B. state and local governments. C. transfer payments. D. military spending.
The equation is the
A. average propensity to consume. B. average propensity to save. C. marginal propensity to consume. D. marginal propensity to save.