An area that is rising significantly in cost is:
a. Health care
b. Home appliances and electronics
c. College tuition
d. both a and c are correct
D
You might also like to view...
The worth of __________ tend(s) to be undervalued in our society
a. Internal exchanges b. Abundance c. Scarcity and risk d. Tangible goods
A straight line or curve can shift when a factor not included on the vertical axis or horizontal axis changes
a. True b. False Indicate whether the statement is true or false
Which of the following directs open market operations?
a. Board of Governors b. Federal Reserve Banks c. Federal Open Market Committee d. Federal Advisory Council e. Treasury Department
Answer the question on the basis of the following national income data for the economy. All figures are in billions of dollars. Personal Consumption Expenditures 400 Government Purchases 128 Gross Private Domestic Investment 88 Net Exports 7 Net Foreign Factor Income 0 Consumption of Fixed Capital 43 Taxes on Production and Imports 50 Compensation of Employees 369 Rents 12 Interests 15 Proprietor's Income 52 Corporate Income Taxes 36 Dividends 24 Undistributed Corporate Profits 22 Statistical Discrepancy 0 Refer to the above data. Net domestic product is:
a) $520. b) $580. c) $623. d) $573.