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Which of the following is an example of a nondurable good? a) a paperback book b) a used car c) a washing machine d) a new car
A paperback book is an example of a nondurable good.
Expert answered|debnjerry|Points 6236|
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Asked 11/12/2010 9:34:35 AM
Updated 8/15/2019 9:18:36 AM
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This answer has been confirmed as correct and helpful.
Edited by Masamune [8/15/2019 9:18:35 AM], Confirmed by Masamune [8/15/2019 9:18:36 AM]
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which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.
Weegy: b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. User: what is a steady, long-term increase in real GDP referred to as? a) recession b) peak c) economic growth d) depression (More)
Question
Expert Answered
Updated 8/25/2021 2:15:23 PM
1 Answer/Comment
Economic growth is a steady, long-term increase in real GDP.

Added 8/25/2021 2:15:23 PM
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what is the difference between a recession and a depression? a) unlike a recession, depression includes high levels of inflation. b) a recession is a period of economic growth while a depression is a period of economic contraction. c) a recession is more severe than a depression and lasts longer. d) a depression is a particularly deep resession with high levels of unemployment.
Weegy: The answer is D. a depression is a particularly deep resession with high levels of unemployment. Reference: (More)
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Expert Answered
Updated 22 days ago|1/17/2023 12:23:29 AM
1 Answer/Comment
Depression is a particularly deep resession with high levels of unemployment is the difference between a recession and a depression.
Added 22 days ago|1/17/2023 12:23:24 AM
This answer has been confirmed as correct and helpful.
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