Which of the following is NOT a component of gross domestic product?
A) purchases by consumers of used goods B) government purchases
C) net exports D) purchases by consumers of finished goods
A
Economics
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How might asymmetric information cause a well-managed bank to be abandoned by its depositors?
What will be an ideal response?
Economics
A community in a Southeastern state passed a beautification ordinance (law) prohibiting the placement of indoor furniture outside of homes (i.e., no couches on the porch). The law represents a conflict between ____ and ____
a. the rich; the poor b. third parties; market participants c. victims; criminals d. public goods; private goods e. residents; visitors
Economics