Consumption goods are
A) a form of investment.
B) goods purchased from savings.
C) a form of capital goods.
D) goods purchased by households to be used immediately.
D
Economics
You might also like to view...
Which types of workers are most likely to favor lowering trade barriers in the United States?
What will be an ideal response?
Economics
The assumption of increasing opportunity costs in the HO model increases the likelihood that
A) there will be incomplete specialization in production after trade begins. B) countries will be better off with free international trade. C) countries will maximize their standards of living from free international trade. D) All of the above.
Economics