Which economic indicator would be most useful for figuring out how many goods are being sold to consumers?
a. consumer price index
b. retail sales
c. new housing construction
c. gross domestic product

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery