Which of the following would NOT be considered a consumption good?

A) a new sweater
B) tools used to cut metal on an auto production line
C) a jar of Skippy peanut butter
D) a bottle of Scotch whiskey

B

Economics

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Explain Paul Romer's ideas concerning economic growth

What will be an ideal response?

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What would happen to a government's total debt if it ran a budget deficit?

A) Total debt would increase. B) Spending would increase. C) Total debt would decrease. D) Spending would decrease.

Economics