Which of the following is an example of unplanned investment spending?
a. A fall in the sales of Brax Inc.'s leather jackets that leads to an increase in its stock in the warehouses
b. An increase in the demand for Martha's blueberry cheesecakes that increases her demand for cheese
c. A fall in the demand for Oliver's muffins that forces him to give away his muffins for free
d. A seafood restaurant that keeps a few steaks in its stock every week
a
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With labor migration, the amount of change in the destination country's wage rates depends on the:
A. Original supply of labor in that country B. Original supply of labor in the country of origin C. Elasticity of demand for labor in that country D. Elasticity of demand for labor in the country of origin
The price elasticity of demand between rifles and bullets is likely to be
a. negative, because the goods are complements b. positive, because the goods are complements c. negative, because the goods are substitutes d. positive, because the goods are substitutes e. 0, because the goods are not substitutes
Utility is characterized as:
a. Subjective b. Objective c. Constant d. None of the above characterize utility
The yield of a stock is the
A) dividend divided by the closing price per share. B) dividend divided by the average daily price of the stock. C) closing price divided by the 52-week low price. D) dividend divided by the opening price per share.