GDP is a good proxy for the business cycle itself since ________
A) its real consumption spending component is procyclical and coincident
B) its real investment spending component is procyclical and coincident
C) it typically goes up in a boom and down in a recession
D) all of the above
E) none of the above
D
Economics
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The limited liability enjoyed by Jitters Coffee Company Corporation is a benefit that protects
A) its employees. B) its Board of Directors. C) its stockholders. D) all of the above
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Markets without externalities create pollution
Indicate whether the statement is true or false
Economics