An increase in demand could arise from which of the following factors
a. an increase in income
b. a decrease in the price of a substitute
c. an increase in the price of a complement
d. all of the above
a
Economics
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The idea that changes in investment and changes in national income are mutually reinforcing is the foundation of
a. the sunspot theory b. the war-induced cycle c. the housing cycle d. the innovation cycle e. internally generated cycles
Economics
Investment goods are counted in GDP because they are
a. intermediate goods. b. purchased in their final form. c. usually exported as foreign investment. d. deductible business expenses.
Economics