Sources of reduced volatility of demand shocks include all of the following EXCEPT

A) smaller ups and downs of military spending.
B) residential construction.
C) inventory changes.
D) saving rates.

D

Economics

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A competitive firm facing a perfectly elastic demand curve can: a. increase price without losing any sales

b. sell all of its output at any price it chooses. c. sell all of its output at the market price. d. sell more output only by reducing its price.

Economics

The _____________ program of President Lyndon Johnson was designed to lift people out of poverty.

Fill in the blank(s) with the appropriate word(s).

Economics