The effect of budget deficits on interest rates
a. increases private investment, so eventually the capital stock rises.
b. increases private investment, so eventually the capital stock falls.
c. decreases private investment, so eventually the capital stock rises.
d. decreases private investment, so eventually the capital stock falls.
d
You might also like to view...
The long-run supply curve in a constant-cost, perfectly competitive industry is
A) perfectly inelastic. B) upward sloping. C) downward sloping. D) perfectly elastic.
The practice of selling a product to retailers and requiring the retailers to charge a specific price for the product is called
a. fixed retail pricing. b. resale price maintenance. c. cost plus pricing. d. unfair trade.
When income increases, the demand curve for an inferior good
A) shifts to the right. B) shifts to the left. C) moves up along the demand curve for the product. D) remains constant.
The establishment of Silicon Valley in California is a contemporary example of _______; one that many have unsuccessfully tried to
Fill in the blank(s) with the appropriate word(s).