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Author Question: Goods and services are produced by using four factors of production: A) land, labor, capital, and ... (Read 48 times)

natalie2426

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on: Jun 30, 2018
Goods and services are produced by using four factors of production:
 
  A) land, labor, capital, and entrepreneurshi

Question 2

Automatic stabilizers dampen economic fluctuations during recessions because ________ decrease while ________ increase.
 
  A) tax revenues; tax payments B) tax payments; transfer payments
  C) tax payments; tax revenues D) unemployment rates; inflation rates
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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bpool94

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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