The biggest category of business investment spending today is
A. computers.
B. trucks.
C. residential structures.
D. software.
Answer: D
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The aggregate supply curve shows the relationship between the aggregate quantity of output supplied by ________ and ________.
A. the world; the money supply B. the government; aggregate demand C. domestically owned firms in the economy; the interest rate D. all the firms in an economy; the overall price level
Describe the effects of the reunification of eastern and western Germany in 1990 on both Germany and its neighboring European countries using the AA-DD framework
What will be an ideal response?
When competition is present and private ownership rights are clearly defined and securely enforced by the legal system, business firms will have a strong incentive to
What will be an ideal response?
____________is a market structure in which no close substitute products are available
Fill in the blank(s) with the appropriate word(s).