Durable and nondurable goods and services lumped together in the expenditure approach to measuring GDP are called:
a. Personal consumption.
b. Gross private domestic investment.
c. Government spending.
d. Inventory.
e. Employee compensation.
a
Economics
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The closer an income Lorenz curve is to the line of equality, the
A) slower income is growing. B) more equally income is distributed. C) less equally income is distributed. D) faster income is growing.
Economics
Is the Federal Reserve an independent institution?
What will be an ideal response?
Economics