When Jamie purchases a classic 1968 Plymouth Cuda convertible from Shane, GDP
A) does not change, because the car was not produced this year.
B) increases, because the car is a durable good and increases consumption.
C) increases, because the car is a durable good and increases investment.
D) does not change, because Jamie did not buy the car from a dealershi
Question 2
Supply curves slope upward to the right because
A) high enough prices make sunk costs irrelevant.
B) higher prices attract resources from other uses.
C) marginal cost is less than elasticity of demand.
D) otherwise they would not intersect demand curves.
A Schematic Description of the Experiment by Misanin, Miller, and Lewis (1968)
Flexible cooling fan blades change shape as the engine speed changes.
Carbon Dioxide, Trace Gases, and Climate Change
Demographic change and the effect on people social, and economic life
The Sun and climate change
Tree rings as indicators of environmental change