The investment component of GDP includes:
a. funds in individual retirement accounts
b. construction of a new steel mill.
c. the sale of shares of Coca-Cola stock.
d. the purchase of a refrigerator by a household.
b
Economics
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In comparing tariffs and quotas, we know that
A) neither raises revenues for the federal government. B) both raise revenues for the federal government. C) tariffs raise revenues for the federal government, while quotas do not. D) quotas raise revenues for the federal government, while tariffs do not.
Economics
The demand for labor is called a derived demand because it is derived from the
A. productivity of labor. B. amount of labor available at different wages. C. demand for firms' outputs. D. supply of the firm's products.
Economics