For the sake of this question, say that total inventories in the U.S. was $1 trillion in one year and then $1 trillion the next year. Would there be any inventory investment?

What is the purpose of competition?

a. to act as a regulating force in the marketplace b. to cause producers to attempt to put each other out of business c. to cause buyers to have to be careful about spending their money d. to act as a motivating force behind the free market

In order to increase economic growth, a government can

A) discourage research and development. B) decrease funding on education. C) discourage specialization and trade. D) establish property rights and a legal system. E) tax saving in order to encourage more spending.