Federal government purchases, as a percentage of GDP
A) have fallen since the early 1950s.
B) have remained roughly the same since the early 1950s.
C) rose from the early 1950s until the mid 1980s, and then fell.
D) have risen since the early 1950s.
A
Economics
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Use the above table. At an income of $150
A) real saving is $20. B) real dissaving is $50. C) real saving is $10. D) real dissaving is $10.
Economics
Oligopolies are difficult to analyze because
A) oligopolies are a recent development so economists have not had time to develop models. B) demand and cost curves do not exist for these types of industries. C) the firms are so large. D) how firms respond to a price change by a rival is uncertain.
Economics