Investment, as defined by economists, would not include which of the following? Ford
A) buys a new robotic machine (from a plant in Ohio) to assemble cars.
B) builds another assembly plant in the United States.
C) buys U.S. government bonds.
D) adds 1,000 new cars to inventories.
C
You might also like to view...
A sufficient measure of the effectiveness of government redistribution is to look at the overall level of taxpayer dollars spent on redistributive activities
a. True b. False
In 2015, the labor force participation rate was 62.6 percent. This means that:
A. 62.6 % of all working age people wanted a job. B. there was 37.4 % unemployment. C. 62.6 % of all working age people were employed. D. only 62.4 percent of labor force was in working age population.
Other things equal, when the U.S. dollar depreciates, domestic exports rise at every level of domestic income
a. True b. False Indicate whether the statement is true or false
Figure 3-4
shows conditions in the market for beef. A reduction in the price of the grain used to feed cattle results in
a.
the supply curve for beef shifting to the left resulting in higher beef prices and a lower quantity sold.
b.
the supply curve for beef shifting to the right resulting in lower beef prices and a higher quantity sold.
c.
the demand curve for beef shifting to the left resulting in lower beef prices and a lower quantity sold.
d.
the demand curve for beef shifting to the right resulting in higher beef prices and a higher quantity sold.