Total planned expenditures for domestically produced goods and services consist of

A) consumer spending, business spending, government spending, and net export spending.
B) consumer spending, business spending, government spending, and import spending.
C) consumer spending, business spending, and net export spending only
D) government spending, business spending, and import spending only.

A

Economics

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Which of the following is a feature of a good theory?

A) A good theory does not rely on data. B) A good theory cannot be tested with data. C) A good theory is free from approximations. D) A good theory closely predicts actual behavior.

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One problem with the absolute approach to poverty is that there is no agreement as to which goods and services to include in the definition

Indicate whether the statement is true or false

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