In 2003, the largest component of U.S. GDP was
a. personal consumption expenditures
b. government purchases
c. durable goods
d. net exports
e. gross private domestic investment
A
Economics
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In a Bertrand duopoly with product differentiation, explain how a change in one firm's marginal cost can have an effect on the price charged by the other firm
What will be an ideal response?
Economics
An unanticipated increase in inflation will:
a. redistribute income from employers to workers. b. redistribute income from lenders to borrowers. c. redistribute income from borrowers to lenders. d. do none of the above.
Economics