Which of the following is NOT a complement for automobiles?
A. Gasoline to run the car
B. Price of the car
C. The insurance for the car
D. The cost of the financing for the car
B. Price of the car
Economics
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Which of the following statements accurately describes the economy with a recessionary gap?
a. SRAS intercepts AD1 at RGDPNR.
b. RGDP1 is less than RGDPNR.
c. ESR occurs along LRAS.
d. SRAS intercepts LRAS at ESR.
Economics
If the world supply curve is SW0,
A. domestic quantity supplied is unrelated to domestic quantity demanded. B. domestic quantity supplied exceeds domestic quantity demanded. C. domestic quantity supplied equals domestic quantity demanded. D. domestic quantity supplied is less than domestic quantity demanded.
Economics