Goods that can be bought in any quantity desired are called
A) divisible goods.
B) indivisible goods.
C) invisible goods.
D) inferior goods.
A
Economics
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The peak phase of the business cycle represents
A) a temporary maximum output level of Gross Domestic Product (GDP). B) an increase in foreign investment. C) a labor surplus. D) falling prices.
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The cash that a bank keeps in its vault is called its:
A. savings. B. loans. C. deposits. D. reserves.
Economics