Which of the following expenditures would increase the consumption component of U.S. GDP?
A. You buy a used book about finance.
B. You buy 1,000 shares of stock.
C. You buy a new house.
D. You buy a pizza.
Answer: D
Economics
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In a market economy, the real power in the market place is held by the
a. producer b. seller c. government d. consumer
Economics
The steeply upward sloping yield curve in the figure above indicates that
A) short-term interest rates are expected to rise in the future. B) short-term interest rates are expected to fall moderately in the future. C) short-term interest rates are expected to fall sharply in the future. D) short-term interest rates are expected to remain unchanged in the future.
Economics