In which of the following industries or sectors of the economy will business cyc

Question

In which of the following industries or sectors of the economy will business cycle fluctuations likely have the greatest effect on output? The phase of the business cycle in which real GDP declines is called: Alex works in his own home as a homemaker and full-time caretaker of his children. Officially, he is: Suppose a family's consumption exceeds its disposable income. This means that its: The investment demand slopes downward and to the right because lower real interest rates: Assume a machine that has a useful life of only one year costs $2,000. Assume, also, that net of such operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300. The expected rate of return on this machine is:

Explanation / Answer

Ans 23 - B

Ans 24 - D

Ans 25 - A

Ans 26 - A

Ans 27 - C

Ans 28 - C

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