An increase in the expected profitability of investment will cause
A) IS to shift right.
B) IS to shift left.
C) MP to shift upward.
D) MP to shift downward.
A
Economics
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An increase in technology will always produce economic growth in society
A. True B. False
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Assume the properties of normal indifference curves. Where will a consumer maximize their utility?
What will be an ideal response?
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In economics, investment refers to the process of accumulating:
a. capital goods. b. consumer goods. c. money. d. stocks and bonds.
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According to the graph shown, if the government decides to increase its spending, it is most likely at point:
A. C
B. B
C. D
D. It's impossible to tell without more information.
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