Which of the following would be classified as consumption spending?
a. A family's purchase of a new home
b. A family's purchase of a used car
c. A family's payment for a child's hospitalization
d. A family's purchase of Microsoft stock
e. A family's purchase of a swing set for their home day-care business
C
Economics
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Refer to Scenario 12.2. This scenario has the characteristics of what game structure?
A) prisoner's dilemma B) pure coordination C) chicken D) assurance
Economics
A contract that requires the investor to buy securities on a future date is called a
A) short contract. B) long contract. C) hedge. D) cross.
Economics