The three main categories of government outlays are
A) net interest payments, government investment, and government consumption expenditures.
B) net government subsidies, the government deficit, and government purchases.
C) government purchases, transfer payments, and net interest payments.
D) government consumption expenditures, government investment, and transfer payments.
C
Economics
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Distinguish between the balance of payments and the balance of trade
What will be an ideal response?
Economics
A profit-maximizing firm will never hire that quantity of a factor of production for which that factor has an increasing marginal productivity because:
a. it would not be maximizing output. b. it would not be maximizing the productivity of labor. c. it would not be minimizing costs. d. it would not be maximizing profits.
Economics