Consumer spending represents about what fraction of total spending in the economy?
a. one-fifth
b. two-thirds
c. one-third
d. two-fifths
e. three-fourths
b
Economics
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Government subsidies are in place to protect the population rather to benefit the economy in the case of which recipient(s)?
(A) Tobacco growers in the United States. (B) National airlines in Western Europe. (C) Small farms in France. (D) A national car company in Indonesia.
Economics
Opportunity cost is measurable only when prices are known
a. True b. False
Economics