Peak season demand for Orlando hotel rooms is: Rooms = 200,000 - 1000 Rate. What would be the nightly room rate that would fill all 100,000 rooms in Orlando hotels?
$150
$200
$100
$120
$50
$100
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In the simple accelerator theory an
A) increase in actual sales will always lead to an increase in investment. B) increase in actual output will not lead to an increase in expected sales. C) increase in actual sales will lead to an increase in replacement investment. D) increase in the size of the increase in actual sales will lead to an increase in next period's net investment.
Refer to Figure 4.3. All else equal, an increase in the government's budget deficit accompanied by a decrease in corporate taxes would cause which of the following shifts?
A) S1 to S2 and D1 to D2 B) S2 to S1 and D1 to D2 C) S1 to S2 and D2 to D1 D) S2 to S1 and D2 to D1
Consumers will willingly make less-informed decisions: a. if information costs are less than the perceived benefits of gathering information. b. if information costs are greater than the perceived benefits of gathering information. c. since ignorance always leads to bliss
d. whenever acquiring more information requires sacrifice.
During the financial crisis it was proposed that firms be provided with a tax credit for investment projects. Such a tax credit would
a. shift both the demand for loanable funds and the supply of dollars in the market for foreign-currency exchange right. b. shift the demand for loanable funds right and shift the supply of dollars in the market for foreign-currency exchange left. c. shift the demand for loanable funds left and shift the supply of dollars in the market for foreign-currency exchange right. d. shift both the demand for loanable funds and the supply of dollars in the market for foreign-currency exchange left.