All of the following are macroeconomic injections into the circular flow except:
a. Consumption
b. Gross private domestic investment
c. National government spending
d.All of the above.
e. None of the above.
.A
Economics
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To evaluate the potential impact of introducing the hybrid Prius auto into the U.S. market, Toyota Motor Corporation would use:
A. normative economic analysis. B. positive economic analysis. C. forensic analysis. D. negative economic analysis.
Economics
Refer to Figure 13-4. Given the economy is at point A in year 1, what is the difference between the actual growth rate in GDP in year 2 and the potential growth rate in GDP in year 2?
A) 0.3% B) 1.1% C) 2.7% D) 3.7%
Economics