Which of the following is not a component of aggregate expenditure?
a. Consumption expenditures
b. Investment
c. Imports
d. Rent
e. Government purchases
d
Economics
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If additional units of a good could be produced at a constant opportunity cost, the production
possibilities frontier would be bowed outward (concave). Indicate whether the statement is true or false
Economics
If $1,000 is placed in an account earning 8% annually, the balance at the end of seven years will be
A) $1,080. B) $1,560. C) $2,000. D) $1,714.
Economics