You are watching: Economists would most likely classify which of the following as consumer durable goods?
2. Option A is the answer. Automobiles and also furnitures are many most likely classified as consumer resilient goods. Durable goods have long term energy. It does not perish in a single usage. Wearing out of resilient products happen together with the moment. That is, it…View the complete answer
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Transcribed photo text: Inquiry 2 Which of the adhering to would certainly many likely classified as consumer durable goods? automobiles, furniture O stocks, bonds food, clothes drugs, playthings, magazines, books Question 3 The consumption portion of the demand also measurement of GDP is the purchase of items and also solutions by: foreign buyers. O firms federal government family members. Question 8 Gross Domestic Product (GDP) is: the value of all final excellent and also solutions created all over in the civilization by a nation's firms. the value of all final items and also solutions produced domestically. the value of all final items and services created by a government. the sum of all currency and coins in circulation. Question 12 Classification Number of people Labor force 10000 Employed 9,000 Working-age population 12,000 In the table over, the number of unemployed people is 1,000. O 11,000. O 1.100. 0 3.000. 2.000. Inquiry 15 Classification Number of human being Labor force 10,000 Employed 9,000 Working-age population 12,000 Using the table over, the labor pressure participation rate is 0 10.0 percent. O 90.0 percent. w O 100 percent. O 11.1 percent. 83.3 percent. Question 17 Classification Number of civilization Labor force 10,000 Employed 9,000 Working-age population 12,000 In the table over, the joblessness price is O 11 percent. 10 percent. O 8 percent O 12 percent 6 percent Question 21 Which of the following statements is correct? The greater the price level, the more the accumulation demand also curve shifts rightward. The reduced the price level, the better the quantity of actual GDP demanded O The price level does not result the level of genuine GDP demanded. The reduced the price level, the more the accumulation demand also curve shifts leftward. The reduced the price level, the more the accumulation demand curve shifts rightward. Inquiry 44 The unit of account is defined as O barter. an agreed upon meacertain for stating prices of goods and also services. O a things that is accepted in return for products and also solutions. o the exchange of products and also solutions directly for various other goods and services. O the tool of exreadjust.