Other things equal, the combination of a ________ saving rate and a ________ real interest rate will result in the largest accumulation of wealth over time.
A. high; zero
B. low; high
C. high; low
D. high; high
Answer: D
You might also like to view...
If all consumers are willing to buy insurance at the zero-profit pooling price, there cannot be a separating equilibrium.
Answer the following statement true (T) or false (F)
When the supply of land is upward sloping,
a. all land owners earn land rents b. the demand for land must intersect it c. all land owners have the same supply price d. different supply prices are generated for different lands e. a rightward shift in demand causes land rents to fall
The labour force is
A) the total number of people employed. B) the total number of people in the working-age population who are either employed or unemployed. C) the total number of people in the working-age population who are employed. D) the total number of people aged 15 years and over. E) none of the above.
Describe why monopolistically competitive firms find it important to establish brand loyalty.
What will be an ideal response?