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QUESTION 13 Which statement best describes the increases of real consumption of goods and services? O Consumption of goods has grown slower than consumption of services, especially after the COVID-19 Pandemic O Consumption is growing the same for goods and services O Consumption of goods has grown faster than consumption of services, especially after the COVID-19 Pandemic O Neither goods nor services consumption has changed, even after the COVID-19 Pandemic

QUESTION 13 Which statement best describes the increases of real consumption of goods and services? O Consumption of goods has grown slower than consumption of services, especially after the COVID-19 Pandemic O Consumption is growing the same for goods and services O Consumption of goods has grown faster than consumption of services, especially after the COVID-19 Pandemic O Neither goods nor services consumption has changed, even after the COVID-19 Pandemic

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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What is the correct option for number 13
Truc O False QUESTION 12 The real consumption of goods and real consumption of services are both increasing over time. O True O False QUESTION 13 Which statement best describes the increases of real consumption of goods and services? O Consumption of goods has grown slower than consumption of services, especially after the COVID-19 Pandemic O Consumption is growing the same for goods and services O Consumption of goods has grown faster than consumption of services, especially after the COVID-19 Pandemic O Neither goods nor services consumption has changed, even after the COVID-19 Pandemic QUESTION 14 Using microeconomic reasoning about supply and demand, what is the most likely explanation for the relationship betwee
Transcribed Image Text:Truc O False QUESTION 12 The real consumption of goods and real consumption of services are both increasing over time. O True O False QUESTION 13 Which statement best describes the increases of real consumption of goods and services? O Consumption of goods has grown slower than consumption of services, especially after the COVID-19 Pandemic O Consumption is growing the same for goods and services O Consumption of goods has grown faster than consumption of services, especially after the COVID-19 Pandemic O Neither goods nor services consumption has changed, even after the COVID-19 Pandemic QUESTION 14 Using microeconomic reasoning about supply and demand, what is the most likely explanation for the relationship betwee
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