Which fundamental economic question is most closely related to the issues of income distribution and poverty?
A. The What to Produce question.
B. The Why to Produce question.
C. The How to Produce question.
D. The For Whom to Produce question.
Answer: D
Economics
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The largest dollar amount of GDP is
a) rental payements b) government expenditures on goods and services c) profit d) net exports e) wages and salaries to employees
Economics
Currency held in the vault of First National Bank is:
A. counted as part of M1. B. counted as part of M2 but not M1. C. only counted as part of M1 if it was deposited into a checking account. D. not counted as part of the money supply.
Economics