The demand faced by firms within which of the following industries is most nearly horizontal?
a. steel
b. computer operating systems
c. vegetables
d. automobiles
e. books
C
Economics
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What could cause a decrease in the price level and simultaneously an increase in GDP similar to the 1920s in the United States?
A) a decrease in interest rates B) an increase in interest rates C) a decrease in consumer confidence D) an increase in productivity
Economics
In the United States, which factor of production earns the largest share of the nation's total income?
What will be an ideal response?
Economics