Nonexcludability is a feature of
A) goods but not services.
B) all nonrival goods.
C) goods with an external cost.
D) public goods.
D
Economics
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The cyclically adjusted budget deficit or surplus measures what the deficit or surplus would be if the economy was
A) in the recession phase of the business cycle. B) in the expansion phase of the business cycle. C) at potential GDP. D) no longer in a business cycle.
Economics
Employee compensation accounts for about what percentage of national income?
a. 33 percent b. 42 percent c. 66 percent d. 90 percent
Economics