For computers and other business equipment, small changes in business earnings tend to generate relatively large short-run changes in the demand for this equipment, and the long-run income response tends to be smaller
Industries that face demand behavior of this type are known as: A) natural monopolies.
B) cartels.
C) cyclical industries.
D) constant-cost industries.
C
Economics
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Suppose the population of the U.S. is 300 million people. Of these, the U.S. Bureau of Labor Statistics classifies 70 million people as "not surveyed," 80 million people as not in the labor force, and 144 million as employed. What would be the unemployment rate in this example?
Select one: a. 2% b. 4% c. 6% d. 8%
Economics
Borrowers rely on financial intermediaries to hold and find uses for their funds that promise a positive expected rate of return
Indicate whether the statement is true or false
Economics