Of the following four motorists, who is speculating?
A) The one driving on empty, looking for the best gasoline price in town
B) The one who fills his gasoline tank believing he has found the lowest gas price around
C) The one who fills his gasoline tank on news Iraq has once again invaded Kuwait
D) All of the above.
E) None of the above.
D
You might also like to view...
The uses-of-saving identity says that an economy's private saving is used for
A) investment, interest expenses, and the government budget deficit. B) investment, the government budget deficit, and the current account. C) investment, interest expenses, the government budget deficit, and the current account. D) investment, interest expenses, the government budget deficit, transfer payments, and the current account.
Suppose than an economy has output Y = A , that Y equals $19 trillion, capital K is $27 trillion, and labor L is 125 million workers. Given this information, what is the closest approximation of total factor productivity A?
A) less than 0.01 B) around 0.25 C) roughly 0.33 D) close to 0.4 E) exactly 144