Question 34 2 out of 2 pointsIt usually takes less time to buy a six-pack of 7-Up, a loaf of bread, and a half-gallon of ice cream at a small convenience store (such as a 7-Eleven) than at a large, full-service grocery store. Which of the following persons is most likely to buy these items at a convenience store?
Question 35 0 out of 2 points Which of the following is a normative macroeconomics statement? Question 36 2 out of 2 points Which of the following is a positive macroeconomics statement? Question 37 2 out of 2 points
Minerals, animals, water and forests are all considered to be the resource known as Question 38 2 out of 2 pointsMany people buy one newspaper per day, but rarely do they buy two of the same newspapers on the same day. What is the economic justification for this behavior? Question 39 2 out of 2 points Which of the following is an example of a positive statement?
Question 40 2 out of 2 points Two variables are independent if as one variable __________, the other variable __________. Question 41 2 out of 2 pointsLook at the following data: GDP = $7,920 billion; investment = $2,100 billion; exports = $300 billion; government purchases = $1,450 billion; consumption = $4,500 billion. What does import spending equal?
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