Economic investment refers to ________.
A. buying a financial asset for a gain.
B. selling a financial asset for a gain.
C. making new additions to a firm's stock of capital.
D. postponing purchases of goods and services.
Answer: C
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When economists use the term "correlation," they are referring to
A) normative economics. B) positive economics. C) cause and effect relationships between variables. D) economic policy. E) how two variables move together in a predictable way.
If the marginal propensity to consume = 0.75, then:
a. the marginal propensity to save = 0.75. b. the marginal propensity to save = 1.33. c. the marginal propensity to save = 0.20. d. the marginal propensity to save = 0.25. e. since the marginal propensity to save and the marginal propensity to consume are unrelated, we cannot determine the marginal propensity to save from the information given.
Which of the following will not cause the demand curve for athletic shoes to shift?
What will be an ideal response?
money in the United States includes
What will be an ideal response?