An American retailer purchased 100 pairs of shoes from a company in Mexico in the second quarter of 2016 but does not sell them to a consumer until the third quarter of 2016 . In which quarter(s) does(do) the value of the shoes add to U.S. GDP?

a. the second and third quarters
b. the second quarter but not the third quarter
c. the third but not the second quarter
d. neither the second nor the third quarter

d

Economics

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The Army Corps of Engineers has been accused of acting on the basis of a so-called "edifice complex."

a. True b. False Indicate whether the statement is true or false

Economics

Long-term bonds are

a. riskier than short-term bonds, and so interest rates on long-term bonds are usually lower than interest rates on short-term bonds. b. riskier than short-term bonds, and so interest rates on long-term bonds are usually higher than interest rates on short-term bonds. c. less risky than short-term bonds, and so interest rates on long-term bonds are usually lower than interest rates on short-term bonds. d. less risky than short-term bonds, and so interest rates on long-term bonds are usually higher than interest rates on short-term bonds.

Economics