Which of the following would most likely be defined as a final good?
A. a smartphone
B. lumber
C. iron ore
D. wheat
Answer: A
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An increase in human capital will tend to cause which of the following?
A) increase labor productivity B) increase the standard of living C) increase economic growth D) all of the above
Assume that a no-load open-end mutual fund holds securities with a total market value of $20 million, has no liability, and has 250,000 shares outstanding. The net asset value par share of this fund is
A) $5 million. B) $80 million. C) $5. D) $8.
If intended investment is $500 and unwanted inventory is $50, then we know that
a. saving = $50 b. actual investment = $50 c. actual investment = $450 d. actual investment = $500 e. actual investment = $550
The following is likely to occur after a ________ shock: [AD? ? Y? ? T? ? deficit? ? G? ? AD? ? Y? ].
A. positive aggregate demand B. positive aggregate supply C. negative aggregate demand D. negative aggregate supply