Which of the following is a determinant of Investment spending?
A. Expected future income
B. Real income
C. Wealth
D. Taxes
Answer: D
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If a city has 3293 unemployed people and 73,177 in its labor force, then the city's unemployment rate equals
A) 45.0%. B) 4.5%. C) 4.3%. D) 0.45%.
Economists can evaluate the desirability of the distribution of income
a. True b. False Indicate whether the statement is true or false
Which of these statements describes inflation? a. It refers to the temporary rise and fall in the price of a particular good in a market. b. It refers to a one-time shift in the equilibrium price of a good
c. It refers to an increase in the demand for a particular good. d. It refers to an ongoing increase in prices from year to year.
Political instability is an obstacle to development in:
A. both market and socialist economies. B. neither market nor socialist economies. C. market economies. D. socialist economies.