Conservative economists believe that the crowding-out effect
A. is large because consumption demand is insensitive to interest rate changes.
B. is not significant because the investment demand curve is interest insensitive.
C. does not reduce the power of fiscal policy policies.
D. greatly reduces the power of fiscal policy policies.
D. greatly reduces the power of fiscal policy policies.
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Which of the following statements is true of foreign aid?
A) In practice, much of foreign aid does not get invested in new technology or education. B) Foreign aid is regressive to development. C) Foreign aid is provided only by financial institutions such as the World Bank. D) Foreign aid is directly responsible for reducing corruption in developing nations.
Uber uses what is known as surge pricing to set prices based on the number of people who request rides at a given time in a given area. Based on this pricing method, prices will
A) fall when supply decreases. B) rise when demand decreases. C) rise when supply increases. D) rise when demand increases.
The implied production possibilities curve between work time and grades suggests that more hours spent working will mean more income, but also less study time and a lower grade average.
Answer the following statement true (T) or false (F)
What effect might the depreciation of the U.S. dollar relative to the Japanese yen have on imports and exports to and from each country?
What will be an ideal response?