The largest component of spending in GDP is
A) consumption spending.
B) investment spending.
C) government spending.
D) net export spending.
Answer: A
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To remain competitive today, many companies commit themselves to:
a. continuous improvement processes b. competitive strategic analysis by outside experts c. episodes of strategic planning d. a and c e. b and c
Growing capital spending and privatization were two of the factors due to which the U.S. economy experienced a strong recovery in 1994
a. True b. False Indicate whether the statement is true or false
Ethel purchased a bag of groceries in 1970 for $8 . She purchased the same bag of groceries in 2006 for $25 . If the price index was 38.8 in 1970 and the price index was 180 in 2006, then what is the price of the 1970 bag of groceries in 2006 dollars?
a. $5.39 b. $25.00 c. $29.11 d. $37.11
Which of the following types of countries has experienced increasing inequality in recent decades?
A. Poor countries B. Countries with low economic growth C. Rich countries D. All of these have experienced increasing inequality.