Several factors are important for achieving faster economic growth. Which of the following is one of those factors?

A) expansion of international trade
B) increased government expenditure
C) increased taxes on saving
D) promotion of consumption expenditure

A

Economics

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Which of the following transactions represents the purchase of a final good?

A) Apple computer buys computer processors from Intel. B) Your father buys a new John Deere riding lawn mower. C) Starbucks purchases coffee beans. D) Delta buys a new European-made jetliner.

Economics

Normative economic statements

A) violate the law of ceteris paribus. B) contain value judgments. C) are usually irrational. D) are easily testable.

Economics