Which of the following is an example of a durable good?
a. a cowboy
b. a cherry pie
c. a newspaper
d. a hand-held calculator
e. a pencil
D
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Which combination of monetary and fiscal policies might policymakers elect to ward off potential inflation?
A) Fed purchase of bonds combined with tax rate increases B) Fed purchase of bonds combined with tax rate decreases C) Fed sale of bonds combined with tax rate increases D) Fed sale of bonds combined with tax rate decreases
An indirect flow of funds occurs when
A) funds flow from saver-lenders to borrower-spenders through financial intermediaries. B) funds flow from saver-lenders to borrower-spenders through financial markets. C) funds flow to saver-lenders from borrower-spenders through financial intermediaries. D) funds flow to saver-lenders from borrower-spenders through financial markets.