A rightward shift of the investment demand curve could be caused by:
A. a technological advance.
B. pessimism about long-term growth.
C. forecasts of unfavorable business conditions.
D. a decrease in confidence in short-run economic conditions.
Answer: A
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The tax cuts of 2008 and 2009 were effective because consumers believed that they were temporary
a. True b. False Indicate whether the statement is true or false
Initial empirical evidence regarding the Phillips curve caused it to be ______ in the 1960s.
a. widely rejected b. widely accepted c. thoroughly revised d. completely abandoned
Based on this figure, if an exchange rate of $0.09 dollars per Norwegian krone is maintained, the Norwegian government will gain (in dollar) ________ worth of international reserves per period.
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