According to Keynes, investment demand depends less on interest rates than on the
a. availability of savings
b. flexibility of wages and prices
c. level of disposable income
d. competitiveness of labor markets
e. expectations of a continuing robust economy
E
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Use the following table to answer the question below. Jorge's Production Possibilities SchedulePounds of Green BeansPounds of Corn03202024040160608080 0 If Jorge produces 20 pounds of green beans, he can produce ________ pounds of corn.
A. 160 B. 240 C. 0 D. 80
What is export promotion? Give a few examples of countries that have tried it
What will be an ideal response?
Predatory pricing is used primarily to:
A) discourage new firms from entering a market. B) reduce (limit) the profits of all of the firms in the industry. C) drive other firms out of a market. D) establish a minimum price all of the firms in the market will charge.
If negative externalities are created in the production of a good, then society will:
a. produce too much of the good since the marginal private cost to firms is less than the marginal social cost. b. produce too little of the good since the marginal private cost to firms is less than the marginal social cost. c. produce too much of the good since the marginal private cost to firms is greater than the marginal social cost. d. produce too little of the good since the marginal private cost to firms is greater than the marginal social cost.