Which of the following is not a category of consumption spending in the national income accounts?
A) Consumer durables
B) Nondurable goods
C) Services
D) Housing purchases
D
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Time has a positive value for most people, but their opportunity costs of time differ
a. True b. False
The bargaining power of customers is not one of Porter's five forces
Indicate whether the statement is true or false
Over the past few decades, the price of movie tickets:
A. has risen both in nominal terms and in real terms. B. has risen in nominal terms but has not risen in real terms. C. has fallen in nominal terms and in real terms. D. has risen in real terms but has not risen in nominal terms.
From 2009 through 2012, the long-term real interest paid by the safest U.S. corporations fell from 4 percent to 2 percent. During that same period, the federal funds rate was roughly constant at 0.25 percent a year. A fall in the federal funds rate _______ the supply of bank loans and the supply of loanable funds, and _______ the equilibrium real interest rate.
Fill in the blank(s) with the appropriate word(s).