Uncertainty includes all of the following except ____
a. unknown effects of deliberate actions
b. incomplete information as to the type of competitor
c. random disturbances
d. unverifiable claims
e. accidents due to weather hazards
d
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Government borrowing may crowd out borrowing by private interests because
A) funds are not available at any interest rate. B) the equilibrium interest rate increases. C) the supply curve shifts to the left. D) None of the above.
The aggregate demand for good X is Q = 20 - P, and the market price is P = $8. What is the maximum amount that consumers are willing to pay for the quantity demanded at this price?
A) $72 B) $96 C) $144 D) $168
Centralizing responsibility for a firm's investments in a single person resolves problems of continuity
Indicate whether the statement is true or false
Refer to the diagram. The most likely cause of a shift from AB to CD would be a(n):
A. increase in productivity.
B. increase in the price level.
C. decrease in the size of the labor force.
D. recession.