Which of the following statements is true?
A) A change in sales should have more impact on current investment if it is expected to be permanent rather than temporary.
B) On a percentage basis, investment is more volatile than consumption.
C) In terms of dollars, investment and consumption are about equally volatile.
D) all of the above
E) none of the above
D
Economics
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When the GDP is measured using "adjustments for price changes" it is known as the
A) real GNP. B) nominal GDP. C) real GDP. D) nominal GNP.
Economics
The federal government has a Constitutional requirement to operate a balanced budget each fiscal year
Indicate whether the statement is true or false
Economics