Which of the following is true of government purchases?
a. They are positively related to current income.
b. They are negatively related to current income.
c. They are directly related to taxes
d. They are decided by public officials.
e. They depend on the market rate of interest.
d
Economics
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Data from the Bureau of Labor Statistics show that the largest category of consumer spending is housing
a. True b. False Indicate whether the statement is true or false
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Which of the following is a fixed cost?
A. Electricity B. Worker bonuses C. Mortgage on the building D. Steel to produce refrigerators
Economics