Refer to Figure 4.8. If 30 of your friends go to the park and 70 go to the beach,
A) your friends at the beach should switch to the park.
B) your friends at the park should switch to the beach.
C) your friends at the beach should switch to the park and your friends at the park should switch to the beach.
D) your friends should stay where they are.
B
Economics
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The income-expenditure identity is best paraphrased as
A) all spending generates income. B) all profits are used for investment spending. C) on average, consumers cannot save. D) on average, government can spend no more than what it collects in income taxes.
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For procurement of conventional products like hammers and shovels, the most appropriate type of contract is ______
a. fixed fee b. cost plus fixed fee c. cost plus percentage fee d. cost plus incentive fee
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