The biggest category of business investment spending today is
A. computers.
B. trucks.
C. residential structures.
D. software.
Answer: D
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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).
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