A. intermediate production
B. Net National Product
C. Investment
D. depreciation
E. consumption
A. All wealth of a nation
B. Annual Income of the central government
C. All income of the people on a year
D. Income derived from taxes by the central government
A. people are greedy
B. productive resources are limited
C. human beings are inherently insecure
D. people are irrational
A. Help all teenagers because they receive a higher wage than they would otherwise
B. have no impact on unemployment as long as it is set above the competitive equilibrium wage
C. Create more Unemployment is high-skill job markets than in low-skill job markets
D. Create more unemployment in low-skill job markets than in high-skill job markets
A. increase a worker’s current income and permanent income
B. reduce a worker’s current income but not necessarily their permanent income
C. affect neither the current nor the permanent income of a worker
D. reduce a worker’s permanent income but not their current income
A. Latin America
B. Asia
C. Africa
D. Australia
A. A combination of firms for business purposes
B. An official agreement between governments at war, especially for exchange of prisoners
C. Unity of parties, factions or nations in a common cause
D. All of the above