Which of the following is a source of data for the investment component of U.S. GDP?
A. The Census Bureau's Retail Trade Survey.
B. The Census Bureau's Housing Starts Survey and Housing Sales Survey.
C. The Conference Board's Survey of Consumer Sentiment.
D. The Bureau of Labor Statistics' Consumer Price Index.
B. The Census Bureau's Housing Starts Survey and Housing Sales Survey.
Economics
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What typically happens to imports as income and spending rise?
What will be an ideal response?
Economics
If the demand curve for a product is horizontal, then the elasticity of demand is: a. equal to zero
b. equal to one. c. greater than one, but less than infinity. d. equal to infinity.
Economics