Author Question: Expenditures on U.S. produced steaks, shoes, and doctor visits are most likely classified as A) ... (Read 40 times)

tiffannnnyyyyyy

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Expenditures on U.S. produced steaks, shoes, and doctor visits are most likely classified as
 
  A) net imports of goods and services.
  B) investment.
  C) government expenditure on goods and services.
  D) net exports of goods and services.
  E) consumption expenditure.

Question 2

Assuming all else equal, when the labor demand curve shifts to the left, ________.
 
  A) output falls B) unemployment falls
  C) inflation rises D) equilibrium wage rises



kusterl

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Answer to Question 1

E

Answer to Question 2

A



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