Consumption spending is said to make up about ________ to ________ of most countries spending.
A. 1/3, 1/2
B. 3/4, 7/8
C. 1/2, 2/3
D. 2/3, 3/4
Answer: D
You might also like to view...
The Phillips curve was ________
A) never very popular in policy circles B) influential in efforts to bring the unemployment rate down to low levels C) generally confirmed in the 1970s, when low unemployment persisted despite rising inflation D) all of the above E) none of the above
The policy shown in Figure 9.7 is a
A) price floor of $50. B) price support of $50. C) price ceiling of $30. D) quota of 2000. E) quota of 4000.
Oligopolies feature
a. the absence of barriers to entry b. extensive competition c. the goal of profit maximization d. strategic interaction of firms e. product differentiation
Competitive pressure in the insurance market will, in general,
A. make insurance premiums attractive to low risk drivers. B. induce risky drivers to self-insure. C. induce the least risky drivers to self-insure. D. make insurance premiums unattractive to drivers who are much riskier than average.