Resource price differentials that trigger the reallocation of resources so as to equalize payments for similar resources are known as
a. permanent differentials
b. trigger price differentials
c. reallocation differentials
d. equal differentials
e. temporary differentials
E
Economics
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Bill's Lawn service starts the year with 20 lawn mowers. During the year, 3 mowers break and are not worth fixing. Bill also expands his business and buys 10 more mowers. Bill's net investment is ________ mowers
A) 13 B) 7 C) 10 D) 20 E) 27
Economics
Which of the following is not included when using the expenditure approach to compute GDP?
a. Consumer spending on goods and services b. Net exports c. Government purchases d. Private investment e. Transfer payments
Economics