Compared to consumption, investment is a much ________ component of GDP and is much more ________
A) smaller; volatile B) larger; volatile C) larger; stable D) smaller; stable
A
Economics
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Because the price effect is smaller when there are _________ firms, each firm will increase its quantity by __________ before the price effect and quantity effect are equal.
A. more; more B. less; more C. similar; less D. more; less
Economics
A resource is defined to be:
A. something of value. B. something that people respond to. C. a good or service. D. anything that can be used to make something of value.
Economics