Unemployment in the economy is represented by:
a. a rightward shift of the production possibilities curve
b. points inside the production possibilities curve
c. a change to a new point on the PPC
d. a movement outside the PPC
b. points inside the production possibilities curve
Economics
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A liquid asset is
A) an asset that can easily and quickly be sold to raise cash. B) a share of an ocean resort. C) difficult to resell. D) always sold in an over-the-counter market.
Economics
Additions to inventory are
A) not counted as an expenditure in GDP accounting. B) counted as an intermediate input. C) counted as a component of investment spending. D) subtracted from sales revenue in calculating profit income.
Economics