In the early ________, computers became powerful enough to have a real economic impact.
A. 1970s
B. 1990s
C. 1980s
D. 2000s
Answer: B
Economics
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The "constant dollar" price is:
A) the real price of a good. B) the nominal price of a good adjusted for inflation. C) the "current dollar" price adjusted for inflation. D) all of the above E) none of the above
Economics
By definition, disposable income is equal to
A. investment plus saving. B. consumption minus saving. C. consumption plus investment. D. consumption plus saving.
Economics
A household that spends more than it receives in income during a given period is
A. saving. B. receiving transfer payments. C. running a deficit. D. dissaving.
Economics
What is the AA-curve? Why does it have a negative slope? What factors cause it to shift?
What will be an ideal response?
Economics