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Question

savstateview.usg.edu Yahoo Northface Nike Air Maxs.Nike.com ADP Advocate PAWS Student Portal 02L-sSu Quizzes-Prin of Macro Economics Section of Macro Economi.. Ej g Deanthony Valdez Brightspace Help Log Out Prih of Macro Economcs Section 02 Falk 2017 CO-tg3 Prih of Macro Economics Sectio 102lal A 20 ? , t Content Library Assessments Communication Resources Design ive ECON 210S HYBRID QUIZ 1 . Quiz ime Left: 0:23:03 Deanthony Valder: Attempt 1 Question 9 (1 point) Suppose that consumption spending is $4,200 billion, spending on durable goods is $1,200 billion, and spending on What does spending on nondurable goods equal? services is $2,000 billion. O $7.200 billion O $1,000 billion $2,200 billion O$3,200 billion There is not enough information to answer this question Save Question 10 (1 point) In many large retail stores, price markdowns are now determined by computer The "middle make these decisions personally became managers" who used to unemployed frictionally structurally naturally cyclically Save MacBook

Explanation / Answer

9. Consumption spending = $4,200 billion.

Spending on durable goods + spending on services = $1,200 + $1,000 = $3,200 billion.

Spending on nondurable goods = $4,200 – 1,000 = $1,000 billion.

(ii) $1,000 billion.

10. (ii) Structurally.

(They were displaced completely due to technological development)

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