________ spending follows a smooth trend whereas, ________ spending is more volatile and subject to fluctuations
A) Government; consumer B) Consumer; government
C) Consumer; investment D) Investment; consumer
C
You might also like to view...
Unemployment insurance tends to
a. decrease structural unemployment. b. decrease cyclical unemployment. c. increase frictional unemployment. d. increase the number of discouraged workers.
Explain how an economist is like an engineer. Give an example.
What will be an ideal response?
Which of the following transactions would be included in the calculation of Gross Domestic Product (GDP)?
A. the purchase of a second-hand lawnmower from your neighbor B. the purchase of a share of stock in Apple C. the purchase of wheat by a baker to make bread D. the purchase of legal services
Why does diversification fail to reduce risk when the returns of the two investments purchased are perfectly positively correlated?
What will be an ideal response?