Which of the following is most likely to cause a rightward shift of the investment demand curve?
a. An increase in income
b. A decrease in the market interest rate
c. An improvement in business expectations
d. An increase in the market rate of interest
e. A decrease in income
c
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On which of these bonds is the prospect of default most likely?
a. a junk bond b. a municipal bond c. a U.S. government bond d. a corporate bond issued by Proctor & Gamble Corporation
A PPF is bowed outward as a result of
A) constant opportunity costs. B) increasing opportunity costs. C) decreasing opportunity costs. D) scarcity. E) choice.
Which equation is used by a manager when considering total cost?
A) total costs (TC) = consumption (C) + investment (I) + government (G) B) total costs (TC) = average fixed costs (AFC) + number of workers C) total costs (TC) = average total costs (ATC) D) total costs (TC) = total fixed costs (TFC) + total variable costs (TVC)
Refer to the given data. If the prices of labor and capital are $9 and $15 respectively, and labor and capital are the only inputs, the firm's economic profits will be:
A. $102.
B. $82.
C. $67.
D. $28.