Which of the following would be included in the government expenditures component of GDP?
a. The export of 100 fighter jets to Japan
b. Construction costs of a new public school building
c. Food stamps used by the Smith family
d. A $1,000 check issued by the federal government as part of the Pell Grant program to help college students pay for school
b
Economics
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Money that is backed by nothing but the faith and confidence that if you accept it in exchange for something, you will be able to exchange it for something else, is referred to as ________
Fill in the blank(s) with correct word
Economics
The table above shows the short-run product schedule for Virginia's Tee-Shirts. The worker for whom the law of diminishing returns initially occurs is the ________ worker
A) 5th B) 4th C) 3rd D) 2nd
Economics