Real planned investment spending is positively related to all of the following EXCEPT
A. producer expectations of future profit.
B. the interest rate.
C. wealth.
D. real disposable income.
Answer: B
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Concerning the number of horizontal, vertical, and conglomerate mergers in the United States over the period 1890 to 1990, data show that
a. more mergers occurred during the first half of the century b. there have been more vertical mergers than combined horizontal and conglomerate c. with a few exceptions, more mergers occurred each year since 1960 than in each of the years from 1890 to 1959 d. the number of mergers has decreased but the value of the assets involved in mergers have increased e. the number of mergers has increased but the value of the assets involved in mergers have decreased
The poverty line is set by the government so that 10 percent of all families fall below that line and are thereby classified as "poor."
a. True b. False Indicate whether the statement is true or false
Which of the following factors reduces the need for government involvement in the marketplace?
A. The need for public goods B. Incomplete information C. The incentive to rent-seek D. The presence of externalities
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point E necessarily represents
A. only motorcycles being produced. B. overallocation of resources. C. an impossible production point. D. technological advancement.