Which of the following is not a supply factor in economic growth?
A. The stock of capital.
B. Technological advance.
C. The size and quality of the labor force.
D. Aggregate expenditures of households, businesses, and government.
D. Aggregate expenditures of households, businesses, and government.
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An example of exclusive dealing occurs when
a. one individual serves on more than one board of directors b. one individual serves on only one board of directors c. a producer sells spark plugs to a car manufacturer with the understanding that the manufacturer will buy spark plugs only from that producer d. the seller offers a good for sale to an individual (or a limited group) on substantially better terms than is available to the general public e. a producer of spark plugs requires that customers also purchase rotors when they buy spark plugs
During a recession, we generally see
real GDP rising and unemployment rising real GDP falling and unemployment rising real GDP rising and inflation rising real GDP rising and inflation staying stable